23 September 2015, EUR/USD
The daily chart: Bears continue to push the euro down, but strong support in the area of the lower Bollinger band (1.1052) is waiting for the pair
Н4: trend pressure on ADX, so support 1.1052 may be under stress
Н1: oscillator convergence suggests some weakness of sellers. Local support is in the area of 1.11
Expectations: (The main scenario)
: Decline to 1.11 and bounce to 1.1153
The alternative scenario: Deeper decline to 1.1152 and then bounce up.
1) No Buy options, but there is almost no space for Sale as well. However, advantage is on the bears's side, so sale is preferable.
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