Sell from 1.1186
16 February 2016, EUR/USD
Daily chart: a continued technical correction to the middle Bollinger band (1.1020), from where we can wait for a new phase of growth to 1.1365 (Upper Bollinger Band).
Н4: locally downward trend to 1.1020. If there is a pre-rollback to the middle band (1.1253), we can sell.
Н1: localized resistance 1.1186 (middle Bollinger band). Support - 1.1124 (the bottom band)
Expectations: a pullback to 1.1186 and then downward movement to hit zone 1.1124 and possibly 1.1020
Trading solutions: sell from 1.1186 to 1.1124 and 1.1020
Aleksey PanasenkoAnalyst of «FreshForex» company
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