Daily price range is 1.1096-1.1163
18 February 2016, EUR/USD
Daily chart: pair is moving to the upper Bollinger line (1.1395), but the middle support level isn’t achieved (1.1055). It is better to start buying from this level.
Н4: local horizontal range is 1.1096-1.1235
Н1: local flat corridor is 1.1120-1.1163.
Expectation: flat 1.1120-1.1163
Trading decisions: because of general north direction we are expecting signals for buying in 1.1096-1.1120 area.
Aleksey PanasenkoAnalyst of «FreshForex» company
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