01 September 2015, EUR/USD
The daily chart: the middle Bollinger band predictably showed strength as support (1.1151), forming the inside bar yesterday, which has the potential to move into the zone of the upper band (1.1524). ADX is weak, so flat preparation is possible for upper movement.
Н4: we confirm our support 1.1151 (possibly with even one-touch). Two resistance - 1.1256 and 1.1376 (the middle and upperBollinger bands (respectively)
Н1: inactive ADX, so waiting for the pair under the envelopes - 1.1189-1.1256
Expectations: upward flat 1.1189-1.1256
1) We buy from the 1.1189 to 1.1256
Aleksey PanasenkoAnalyst of «FreshForex» company
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