manager photo
Online Assistant
We will be pleased to answer any questions you may have
Write Call
Close
Log in

Purchases from the zone 1.09

11 January 2016, EUR/USD

Daily chart: on the background of horizontally based Bollinger envelopes and Friday IB, the price may touch the upper band (1.1039) and a subsequent downward correction is anticipated.

Purchases from the zone  1.09

Н4: local resistance 1.0958 (Upper Bollinger Band), but ADX reached trend values and ​​therefore an upward breakthrough to 1.1039 and downward rollback down to the middle band(1.0833) are equally probable.

Purchases from the zone  1.09

Н1: breakout of the upper envelope. We expect touch of 1.0893, whereupon we shall buy to 1.1039

Purchases from the zone  1.09

Expectations: a downward rollback to 1.0893 zone and then rise to 1.1039

Trading solutions: purchase from 1.09 zone to 1.1039

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

We are constantly improving our website quality. If you have any suggestions on how to make our website better or noticed an error on the website, please tell us

Tell us

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 .