manager photo
Ask a question
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Flat in the range 1.0866-1.0937

22 December 2015, EUR/USD

Daily chart: rebound from the middle Bollinger was predictable, but we see passive ADX, so probably tha pair would fall into the area of the middle band (1.0812) again prior to a further growth.

Flat in the range 1.0866-1.0937

Н4: horizontal envelopes, IB from the upper Bollinger band - everything speaks for a decline in area of ​​1.08 (the bottom Bollinger band)

Flat in the range 1.0866-1.0937

Н1: drop takes place within the framework of technical correction, therefore, support in the area of ​​the two middle Bollinger bands (1.0866-1.0887) is possible. Resistance 1.0937 (Upper Bollinger Band)

Flat in the range 1.0866-1.0937

Expectations: drop in the zone 1.0866-1.0887 and then a surge towards 1.0937

Trading solutions: purchase from 1.0866-1.0877 to 1.0937

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