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Flat 1.0930-1.1059

03 August 2015, EUR/USD

Daily chart: flat around the middle Bollinger band (1.0987) within the range of the flat range of envelope (1.0824-1.1153)

Flat 1.0930-1.1059

Н4: similar situation. A more localized resistance 1.1059, support on 1.0930 (the upper and bottom Bollinger bands respectively)


Flat 1.0930-1.1059

Expectations: Flat 1.0930-1.1059.

Trading solutions

1) We trade up to 1.1059 and down to 1.0930. Entrance shall be based either on the walls of the corridor or on additional signals.

Aleksey Panasenko
FreshForex Analyst
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