25 May 2016, EUR/USD
Daily chart: a very active trend phase of ADX is justified and there are all preconditions for the continuation of the bearish trend. No purchases, only sales.
Н4: theoretically, the middle Bollinger band (1.1198) can become zone of possible demand in the Euro.
Н1: another local intermediate resistance 1.1159 (middle Bollinger band) area. Support is at 1.1116 (lower Bollinger band)
Expectations: So, in general, we expect decline, but we can not exclude the scenario with the upward correction to 1.1159-1.1198
Trading solutions: Look for new Sell entry points around 1.1159 and 1.1198. The goals may be in the 10th figure
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