29 June 2016, EUR/USD
Daily chart: attempts to break up the inside bar, but it is only a false breakdown. Despite relevance of the correction in the area of the middle band of Bollinger (1.1240), potential remains to be generally southern,
Н4: a better shaped resistance 1.1119 (middle Bollinger band) can send the pair to a another downward movement to the lower band (1.0850)
Н1:within the frame 1.1021-1.1092 a flat accumulation continues.
The main scenario - flat in the corridor 1.1021-1.1092
The alternative scenario - touch of 1.1119 followed by a start of drop to 1.1021 targeting 1.0850
Trading solutions: consider the downward entry points around 1.1092 -1.1119.