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Northern determination

Northern determination | 11 September 2015

11 September 2015, EUR/USD

The daily chart: Euro reaffirms its commitment to grow to 1.1504 (Upper Bollinger Band). ADX is closer to trend value, respectively, closer to the impulse distribution.

Northern determination!

Н4: some roll back down may happen, but the frame is also "charged" to the north. No sales!

Northern determination!

Н1: local resistance in 1.1332, from where bears will be able to hold a small correction.

Northern determination!

Expectations: So, just wait for growth. Stop is possible in the area of ​​1.1332, but in general you may keep Long trades open up to 1.1500.

solutions: 1) Keeping purchase

2) We can add a position up after a possible rollback down from 1.1332

Aleksey Panasenko
FreshForex Analyst
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