manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Log in

Today, perhaps, respite

12 November 2015, EUR/USD

The daily chart: the bottom Bollinger band (1.0585) still looks unfinished. At the same time, there is a place for correction (bottom envelope).

Н4: strong resistance from the upper Bollinger band (1.0809). Local support is at 1.0686 (bottom band)

Н1: Both Bollinger envelopes and ADX have flat status. Range 1.0715-1.0766

Expectations: The main scenario - flat 1.0715-1.0766. The alternative scenario: growth to 1.0809 and then fall to 1.0686.

Trading solutions: 1) Sales from the levels of 1.0766 and 1.0809. To enter, you will need a confirmation signals. Goals - 1.0715, 1.0686

Aleksey Panasenko
FreshForex Analyst
See also:
Agree with the review?
Traders' opinion:

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

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .