Sell from 1.09 | 01 March 2016

01 March 2016, EUR/USD

Daily chart: bearish pressure towards the bottom Bollinger band remains (1.0820)

Sell from 1.09

Н4: local resistance is at 1.0956 (middle Bollinger band), which may end in a rising correction

Sell from 1.09

Н1: horizontal corridor 1.0863- 1.0898 with weak ADX parameters, so we expect resistance to be based on the upper wall of the channel.

Sell from 1.09

Expectations: touch of the area 1.0898 and then decline towards 1.0863 and 1.0820

Trading solutions: sell from 1.0898 to 1.0820 < / p>

Aleksey Panasenko
FreshForex Analyst
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