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14 September 2015, EUR/USD

The daily chart: from technical point of view, a continuation of growth at least to the upper Bollinger band (1.1504) seems like a verdict.


Н4: as we see, breakdown of the upper Bollinger envelope, plus a very active ADX. There is no reason to stop bullish movement.


Н1: support area - the middle Bollinger band (1.1297), where you can re-add to Long position.


Expectations: So, target is 1.1504. Not so important if it is passed in one day or more. Where the entrance to this movement is more important. Such a zone, perhaps, is the area of ​​1.13.

solutions: 1) We keep buying to 1.1504 2) Add position on 1.13

Aleksey Panasenko
Analyst of «FreshForex» company
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