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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.

Premarket view on the euro. Analysis of Friday's close

Н4: local resistance 1.0980 (the upper Bollinger band), support in the area of ​​1.0924 (middle band).

Premarket view on the euro. Analysis of Friday's close

Н1:also correction. The bottom Bollinger band is at 1.0901, it may also be the target of correction.

Premarket view on the euro. Analysis of Friday's close

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 Panasenko
Analyst of «FreshForex» company
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