15 September 2015, EUR/USD
The daily chart: on the one hand the euro has preserved potential for growth to the upper Bollinger band (1.1517), on the other hand, - weak ADX can make the pair correct to the middle Bollinger band(1.1279). On correction you will have opportunities for new entrances in purchases.
Н4: the pair is in the top envelope with weak ADX, so it is unlikely that today we will see it beyond this range (1.1279-1.1396)
Н1: so, we have both flat status of ADX and horizontal envelopes. This enhances support at the lower band (1.1290) and resistance at the top (1.1363).
Expectations: So, the pair is preparing for a new cast to the North, but today's trading may not be intense. Most likely, we will see correction to 1.1290 and then rebound to 1.1363.
1) purchases from 1.1290 to 1.1363 (either in the medium run to 1.1517 and 1.1750).
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