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Daily support is on 1.0975

25 February 2016, EUR/USD

Daily chart: every day EUR tries new Low and goes to bottom Bollinger line (1.0820).

Daily support is on 1.0975

Н4: localized support is from bottom line 1.0959. Resistance is 1.1034 (middle Bollinger line).

Daily support is on 1.0975

Н1: corridor is more limited from the bottom 1.0975-1.1048

Daily support is on 1.0975

Expectation: decrease to 1.0975 and then rising to 1.1048

Trading decisions: buy from 1.0975 to 1.1048

Aleksey Panasenko
FreshForex Analyst
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