Buy euro | 02 فبراير 2016
02 فبراير 2016, EUR/USD
Day chart: ADX shows a potential, and Bollinger envelopes range is still stable (1.0775-1.0963). There will be an upper breakthrough, I guess.
H4: ADX is in trend now, and there is a strong resistance zone further (1.0953-1.0963), but on this ADX indicators this zone will be broken (one or two days)
H1: this rage is narrowing now. Local resistance is situated at 1.0913. If this resistance is broken, there will be a growth to 1.0963.
Expectations: breakthrough upper 1.0913 and growth to 1.0963 and maybe to 1.10 Trading solutions: long positions to 1.0963
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.
