We consider sales from 1.1026

15 December 2015, EUR/USD

Daily chart: the upper Bollinger band retained some northern potential (1.1088), from where correction to 1.0783 (the middle band) can start.

We consider sales from 1.1026

Н4: multiple divergence tells about apparent weakening of the bull front. It is clear that buyers may be not allowed to push higher than 1.1026 (the upper Bollinger band)

We consider sales from 1.1026

Н1: the intraday flat corridor 1.0936-1.1026

We consider sales from 1.1026

Expectations: flat 1.0936-1.1026

solutions: sales from 1.1026 to 1.0936

Aleksey Panasenko
FreshForex Analyst
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