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Intraday support - 1.1156

Intraday support - 1.1156 | 22 September 2015

22 September 2015, EUR/USD

The daily chart: support from the middle Bollinger pair has been broken, the pair was put in the lower envelope, so we expect finalization of the lower band (1.1041), from which rebound and correction are likely

Intraday support - 1.1156

Н4: as a confirmation, we note break of the local trendline. ADX is close to trend value, but has not yet reached them. So we expect a pullback to the middle Bollinger band (1.1308) before the main phase of decline.

Intraday support - 1.1156

Н1: Intraday range - 1.1156-1.11262

Intraday support - 1.1156

Expectations: falling to 1.1156, then rebound to 1.1262 and from there start of movement to 1.1041

solutions: 1) We sell to 1.1156 2) On a rollback to 1.1262 - we sell back to 1.1041.

Aleksey Panasenko
FreshForex Analyst
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