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NPF flavor

02 October 2015, EUR/USD

The daily chart: flat inside Bollinger envelopes continues (1.1084-1.1372). Perhaps, NFP report will throw the pair out of this movement.

NPF flavor

Н4: a similar picture, but with a more localized flat borders- 1.1137-1.1281

NPF flavor

Н1: a more localized resistance 1.1210 (Upper Bollinger Band).

NPF flavor

Expectations: flat 1.1137-1.1210, but remember about NFP - often specified range is not enough after its release.

solutions: From a technical point of view, you can trade 1.1137-1.1210 channel, Today, however, we will have some time "a purely news point of view," so I remind about caution (including abstaining from trade one hour before and after release of Non Farm Payrolls.

Aleksey Panasenko
FreshForex Analyst
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