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Flat is all day

22 February 2016, EUR/USD

Daily chart: support of middle Bollinger line (1.1081) has been tested successfully, we are expecting middle-term growth to upper line (1.1395)

Flat is all day

Н4: side flat range is into Bollinger Envelope area (1.1081-1.1161). ADX are increasing breakthrough is possible from this corridor.

Flat is all day

Н1: intraday price would be in to flat range 1.1090-1.1136 (horizontal envelopes and weak ADX).

Flat is all day

Expectation:: flat is 1.1090-1.1136

Trading decisions: trading in flat range.

Aleksey Panasenko
Analyst of «FreshForex» company
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