Perhaps, 1.14 is going to be reached | 02 سبتمبر 2015
02 سبتمبر 2015, EUR/USD
The daily chart: the scenario developing the inside bar up is justifying itself. ADX parameters are weak, so there may be some roll back down to dash towards the top Bollinger band (1.1544).
.png "Perhaps, 1.14 is going to be reached")
Н4: local resistance 1.1313 (Upper Bollinger Band). If today bulls do not find reserves to break above, we'll see a flat preparation in the top of the envelope (1.1243-1.1313)
.png "Perhaps, 1.14 is going to be reached")
Н1:here, in turn, we have trending state ADX, so in case of a pullback to the middle band (1.1283) you can try to buy.
.png "Perhaps, 1.14 is going to be reached")
Expectations: So, we wait for growth to 1.14. In this scenario, you a pre-roll back down to 1.1283 is possible.
solutions:
1) Buying from 1.1283 to 1.14.
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.
