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Buy to 1.1128

19 July 2016, EUR/USD

Daily chart: a weak corrective ADX indicates a continued multidirectional movement. Strong resistance is at the middle Bollinger band (1.1128)

Н4: a flat corridor within Bollinger envelopes (1.1033-1.1128)

Н1: a local northern accumulation of potential. The best area for purchases is the middle Bollinger band (1.1062).

The main scenario - growth to 1.1090, a return to 1.1062, then finalization of 1.1128

The alternative scenario - a direct growth to 1.1128

Solutions: looking for purchases from 1.1062 to 1.1128

Aleksey Panasenko
FreshForex Analyst
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