Preparation for Northern movement | 09 سبتمبر 2015
09 سبتمبر 2015, EUR/USD
The daily chart: the pair confirms its northern determination, but, as we see, ADX is in a hurry, so growth is unlikely to have an impulse character. The overall goal - the upper Bollinger band (1.1496)
.png "Preparation for Northern movement")
Н4: horizontal envelopes and sluggish ADX also do not speak for intensive development.
.png "Preparation for Northern movement")
Н1: the pair apparently will spend another day at the top Bollinger envelope (1.1183-1.1221)
.png "Preparation for Northern movement")
Expectations: ascending flat 1.1183-1.1221
solutions:
1) Buy from 1.1183. Target - or 1.1221 intraday either 1.15 in the middle run.
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.
