05 January 2016, EUR/USD
Daily chart: downward pressure is being accumulated, but so far ADX has not reached the core, so the price may delay at current levels (1.0807, the bottom Bollinger band)
Н4: Here, as we see, ADX is already active, so we should expect that downward scenario would continue. Although support 1.0807 looks impressive.
Н1: calm ADX, so today's range can be limited by the range of the bottom envelope (1.0773-1.0836)
Expectations: The main scenario - downward flat 1.0773 -1.0836
The alternative scenario - decline to 1.07
Trading solutions: keep sales and add more on return to 1.0836