15 October 2015, EUR/USD
The daily chart: a strong northern signal for the mid-term - breakdown of the upper Bollinger envelope. After a rollback to the middle Bollinger band (1.1286), we can expect another strong upward surge in direction of 1.17.
Н4: a more localized support at 1.1392 (middle Bollinger band)
Н1: and another local dynamic support at 1.1425
Expectations: so, the pair is oriented to the north towards 1.17, but there is a chance for a pullback to 1.1392-1.1425 area, where you can enter into this movement
solutions: Skip the pullback down to 1.1392-1.1425 area where buy medium- to 1.17.
We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us