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Target 1.0960

06 August 2015, EUR/USD

Daily chart: Meanwhile the pair is demanded around ​​the bottom Bollinger band which may pave the way for movement to the upper envelope, to the upper band (1.1125)

Target 1.0960

Н4: a significant bullish inside bar formed after a rebound from the bottom line of the Bollinger band - as an argument for buyers. Zone of resistance - 1.1039 (the upper Bollinger band)

Target 1.0960

Н1: local support is based on the middle band (1.0878), some northern "tieback" has been noticed. However ADX has been fold, so it is hardly traffic will have pulse character. Heavy resistance zone in the beam of the two hour averages - 1.0940-1.0964

Target 1.0960

Expectations: рост к 1.0960 (after a possible touch of zone 1.0878).

Trading solutions

1) We shall buy from 1.0878 to 1.0960.

Aleksey Panasenko
FreshForex Analyst
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