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Buys from 1.1089

14 August 2015, EUR/USD

Daily chart: bulls made the pin-shaped inside bar after the breakthrough of the upper Bollinger envelope. So we can see 1.1386 soon. In advance we can probably see the pullback to the middle Bollinger band (1.0984), in this case, we buy to 1.1386 medium-term.

Buys from 1.1089

Н4: the localized support 1.1089 (the middle Bollinger band ), the resistance 1.1212 (the upper band).

Buys from 1.1089

Н1: the same situation but active ADX, so, wait for the spike of the price from 1.1089

Buys from 1.1089

Expectations: wait for the pullback down 1.1089 and then the growth to 1.1212.

Trading solutions:

1) Buys from 1.1089 to 1.1212

Aleksey Panasenko
Analyst of «FreshForex» company
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