Purchases from 1.0977 | 27 July 2015

27 July 2015, EUR/USD

daily chart: The pair has met the middle Bollinger band (1.1026) on the expanded ADX, so we have an equal probability of movement to both the upper (1.1246) and the bottom (1.0784) Bollinger bands.

Purchases from 1.0977

Н4: a well shapred bullish pressure. We look forward to having a classical trajectory & quot; Break of the top of the envelope, a return to the middle band, the main phase growth & quot;

Purchases from 1.0977

Н1: An identical picture. We shall buy on return to 1.0977

Purchases from 1.0977

Expectations: So, we wait for growth of Euro and a further rolled back towards 1.0977 and a new growth towards 1.1246

Trading solutions:

1) Buying from 1.0977 to 1.1246 extra day.

Aleksey Panasenko
FreshForex Analyst
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