manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Working levels - 1.1515 and 1.1660

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

Working levels - 1.1515 and 1.1660

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

Working levels - 1.1515 and 1.1660

Н1: in the local terms of view, the pair is squezzed between the levels of 1.1515 and 1.1660

Working levels - 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.

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

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

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .