15 April 2016, EUR/USD
Daily chart: euro continues its steady decline in the direction of the rising bottom Bollinger band (1.1142), where it is likely to face the area of demand and thus support
Н4: a downward movement within the bottom Bollinger envelope (1.1201- 1.1323). We expect the pair on the bottom band, which, moreover, it is a psychological (round) level.
Н1: absolutely calm and flat. The range of Bollinger envelopes is very narrow (1.1250-1.1275). It is a question whether euro will be able to spend all day inside these 25 points. But at the moment it looks that way.
Expectations: The main scenario - flat 1.1250-1.1275. The alternative scenario - decline to 1.1201
Trading solutions: we expect the pair to get lower, it may take more than one day to happen