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The flat day and corridor is 1.0850-1.0891

02 March 2016, EUR/USD

Daily chart: bottom Bollinger line was almost reached (1.0820), but there is some space and bears are using this possibility. Active bearish ADX don’t lead to anything good.

The flat day and corridor is 1.0850-1.0891

Н4: pair is in the middle of Bollinger line (range is 1.0800-1.0937). You should be patient for looking point for entrance.

The flat day and corridor is 1.0850-1.0891

Н1: local " sleeping kingdom " is side corridor 1.0850-1.0891.

The flat day and corridor is 1.0850-1.0891

Expectation: flat into 1.0850-1.0891

Trading decisions: trading on flat or " fence ".

Aleksey Panasenko
Analyst of «FreshForex» company
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