06 September 2016, EUR/USD
Daily chart: ADX has no interest in what is happening, so we are waiting for continuation of fluctuations inside Bollinger envelopes (1.1062 -1.1364). To be more precise, the price is likely to spend time around the middle band (1.1210)
Н4: a shaped horizontal corridor within Bollinger envelopes (1.1122 - 1.1210). ADX is rising, but it is quite far from the trendline area, so the specified range is relevant for today.
Н1: the trading range for today - 1.1235 - 1.1180. ADX is weak, so the main and basic scenario is flat.
Expectations: so, the pair is likely to continue its flat 1.1135 - 1.1180. There are no technical reasons to leave this band for it
Solutions: either trade inside the corridor 1.1135 - 1.1180 or refraining from opening trades.
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