25 August 2015, EUR/USD
The daily chart: an impressive breakthrough of bulls with the active ADX, but some natural overboughtness presents here. Therefore, downward correction is possible , where you can buy euros again in the direction of the probable medium-term goal 1.20
Н4: it seems to be a good pinbar, but bulls over the next 4 hours showed that do not mind testing another area 1.1660 (upper Bollinger band). However, support at the middle band (1.1317) is very attractive for a rollback
Н1: in the local terms of view, the pair is squezzed between the levels of 1.1515 and 1.1660
Expectations: So, we wait for the rollback down from 1.1660 and the rebound from 1.1515.
solutions: 1) Sales of 1.1660 to 1.1515.
2) Buying from 1.1515 to 1.1660.
Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us