24 August 2015, EUR/USD
The daily chart: strong movement has brought the price to the level of 1.1395, which corresponds to the beginning of a downward reversal based on the pattern O&U (or at least correction to the middle Bollinger band 1.1064).
Н4: the upper Bollinger band is located at 1.1405 that can say about another attempt made by bulls. Support is located at 1.1168 (the middle Bollinger Band).
Н1: is another important argument for a downward reversal - a divergence oscillator. Local support is at 1.1317, the next - 1.1221.
Expectation: So, waiting for decline from current levels to 1.1317 and then to 1.122.
Solutions: 1) sales from current levels to 1.1317 and 1.1221.
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