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The day can be spent in the flat 1.0625-1.0678

19 November 2015, EUR/USD

Daily chart: the target 1.0532 (the bottom Bollinger band) is still relevant

Н4: he oscillator continues to show bullish convergence day by day. This is a significant factor for the upward correction. Two scenarios of rollback. The first (see the blue arrow) - finalization of the bottom Bollinger band (1.0608) and then correction towards the upper band (1.0756). The second (the red arrow) - direct correction from current levels, and then finalization of the bottom band.

Н1: Intraday flat horizontal corridor 1.0625-1.0678.

Expectations: flat 1.0625-1.0678

solutions: trade within the range 1.0625-1.0678

Aleksey Panasenko
Analyst of «FreshForex» company
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