Growth by more 100 points | 16 أغسطس 2016

16 أغسطس 2016, EUR/USD

Daily chart: bulls have predictably got operating space and now have all reasons to make the price leap by another 100 points up to ​​1.1335. Although the overall potential is so strong that, in the medium run, there will be perhaps even more ambitious targets.

Growth by more 100 points

Н4: also an unconditional bullish setup, as the upper envelope Bollinger is going to be broken.

Growth by more 100 points

Н1: a similar situation. All three frames show northern pressure. Theoretically a rollback to ​​the middle Bollinger band (1.1188) is possible, but this pullback can in no way be used for sales, only for purchases below!

Growth by more 100 points

Expectations: So, we wait for growth to 1.1335 (with a possible preliminary rollback to 1.1188)

Solutions: Buy to 1.1335 (the best possible option - from around 1.1188)


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.
Aleksey Panasenko
محلل شركة FreshForex
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