Try to purchases to 1.1316 | 16 June 2016
16 June 2016, EUR/USD
Daily chart: Flat scenario around the middle Bollinger band (1.1239) has been entirely justified. ADX is gradually turning up, but it is still far from the trendline, therefore.
Н4: consolidation corridor within Bollinger envelopes (1.1189-1.1316). ADX shows interest about the north.
Н1: breakthrough of the top envelope return to the middle band (1.1223), and then, most likely, the bulls will try to attack zone around 1.1316.
Expectations: a return to support 1.1223 and then rise to 1.1316
Trading solutions: Buy from 1.1223 to 1.1316.
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
