Premarket view on the euro. Analysis of Friday's close
28 December 2015, EUR/USD
Daily chart - Bollinger envelopes are directed upwards the zone 1.1129, but we see weak ADX, markets lack gasoline.
Н4: local resistance 1.0980 (the upper Bollinger band), support in the area of 1.0924 (middle band).
Н1:also correction. The bottom Bollinger band is at 1.0901, it may also be the target of correction.
Expectations: So, we wait that the pair will be sliding from the zone of 1.0980 towards 1.0924 and 1.0901.
Trading solutions: sale from 1.0980 with short stops to 1.0924 and 1.0901
Aleksey PanasenkoAnalyst of «FreshForex» company
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