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Signs of movement to the North

24 September 2015, EUR/USD

The daily chart: the pais was impressive in its yesterday's bounce from the area of the bottom Bollinger band (1.1080), so there are significant preconditions for start of the movement to the upper line (1.1080).

Signs of movement to the North

Н4: there are two intermediate resistance lines - 1.12 (middle) and 1.1318 (upper) Bollinger bands

Signs of movement to the North

Н1: flat status of the frame. The range 1.1177-1.1216.

Есть северные предпосылки

Expectations: 1) The main scenario - flat 1.1177-1.1216. 2) The alternative scenario - growth to to 1.1318.

solutions: consider buying from the zone of 1.1177.

Aleksey Panasenko
Analyst of «FreshForex» company
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