19 August 2015, EUR/USD
The daily chart: the price has almost reached the intermediate support from the middleполосы Bollinger band (1.1007). If it does not manage to hold bears, we will see a continuation of decline around the bottom band (1.0850), from where, with a high degree of confidence, we can wait for the medium-term growth to the upper band (1.1154).
Н4: the support zone on 1.10 is under a huge load and is likely to be broken. ADX is very active.
Н1:area of possible entry into the sale - 1.1050 (middle Bollinger Band).
Expectations: So, we wait when the price would fall to 1.0931 and 1.0850. Before that we can see a possible pullback to 1.1050, from where you can sell.
1) Sales from 1.1050 to 1.0850.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us