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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.

Daily price range is 1.1096-1.1163

Н4: local horizontal range is 1.1096-1.1235

Daily price range is 1.1096-1.1163

Н1: local flat corridor is 1.1120-1.1163.

Daily price range is 1.1096-1.1163

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 Panasenko
FreshForex Analyst
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