Forex Technical Analysis: Trend potential

Flat is 1.1007-1.1042

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Flat is 1.1007-1.1042

26 February 2016, EUR/USD

Daily chart: ADX is in high activity zone so decreasing correction is going to finish.

Flat is 1.1007-1.1042

Н4: Bollinger Envelopes are going to compact in 1.0987-1.1042 range, ADX is passive

Flat is 1.1007-1.1042

Н1: we observe local weak ADX, flat corridor is 1.1007-1.1042.

Flat is 1.1007-1.1042

Expectation: flat is 1.1007-1.1042

Trading decisions: looking after increasing signals in 1.1007. zone

Aleksey Panasenko

FreshForex Analyst

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