Possible buys | 22 ديسمبر 2016

Daily chart: as we might see, lower Bollinger band (1.2298) still sticks to local uptrend. If yesterday inside bar would have been bullish, we would have a trading set-up here. Now we need either to buy with stops (around 1.2298), or wait extra signals to buy on shorter time frames.

Н4: inside bars succession indicates that there are difficulties on the way of downtrend. If the pair goes higher than middle Bollinger band (1.2388), we might expect it to go towards upper band (1.2486)

Н1: the pair is locally consolidated inside the horizontal corridor 1.2339-1.2388 (Bollinger bands range)

Expectations: flat inside 1.2339-1.2388

Solutions: consider buying around 1.2339