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Flat with low volatility

Flat with low volatility | 28 March 2016

28 March 2016, EUR/USD

Daily chart: there is a focus on the northern momentum towards 1.1384 (Upper Bollinger Band). ADX has not yet reached the trendline area, whereas we still have the undeveloped support from the middle Bollinger band (1.1092), where a potential area of ​​demand in the euro will be concentrated.

Flat with low volatility

Н4: a local flat corridor within the Bollinger envelope (1.1141 -1.1220). ADX is being adjusted cause we have a "weak" day today.

Flat with low volatility

Н1: we also note the horizontal a flat very narrow corridor 1.1157-1.1172. ADX gives no signs of exit from the flat.

Flat with low volatility

Expectations: sluggish flat with low volatility 1.1157-1.1172

Trading solutions:. no trading

Aleksey Panasenko
FreshForex Analyst
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