Meeting resistance at 1.1264 | 29 سبتمبر 2015
29 سبتمبر 2015, EUR/USD
The daily chart: Yesterday bulls began actively practicing pin from the bottom Bollinger band, but ADX does not support this impulse, so there is a high probability that the pair will go into flat.
.png "Meeting resistance at 1.1264")
Н4: we also see a frankly bullish momentum, but again total passivity of the ADX. So expect rebound from the resistance (1.1264, the upper Bollinger band).
.png "Meeting resistance at 1.1264")
Н1: local support at the middle Bollinger band (1.1201)
.png "Meeting resistance at 1.1264")
Expectations: So, we wait for touch of 1.1264 and decline to 1.1201.
solutions: 1) We sell from 1.1264 to 1.1201
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.
