Log in

Growth to 1.1050-1.1063

26 July 2016, EUR/USD

Daily chart: the pair is ascending inside the envelopes, so we're waiting for growth to at least the middle Bollinger band (1.1063)

Н4:the pair has moved to the upper envelope, ADX has an aggressive trend status. Resistance - 1.1050 (Upper Bollinger Band).

Н1: another frame with active ADX status. Of course, we expect surge to 1.1050-1.1063

The main scenario - growth to 1.1050-1.1063

The alternative scenario - a rollback to the middle band (1.0990) on H1, from where an impulse growth to 1.1050 is expected

Solutions: buy to 1.1050.

Aleksey Panasenko
Analyst of «FreshForex» company
See also:
Agree with the review?
Traders' opinion:

Do you have any suggestions to make our website better? Have you noticed an error on the site? Tell us

Tell us

Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with rendering Personal area. How to enable cookie support.