Growth to 1.1417 | 18 أغسطس 2016
18 أغسطس 2016, EUR/USD
Daily chart: there is still a bullish momentum plus active trending pressure from ADX, which enables buyers considering the target 1.1417 (after breaking the resistance 1.1342).
Н4: To a certain extent, the pair is overbought, but ADX is very strong, so we wait for a breakthrough of 1.1342 and finalization of the 14th figure.
Н1: a similar situation. Local resistance is at 1.1324, but it is (and will be) under a strong bullish load
Expectations: So, all three frames favor growth, so we are waiting for the movement towards 1.1417
Solutions: Buy to 1.1417
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.
