Buy to 1.1128 | 19 July 2016
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
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.
