Another Flat Day | 06 أبريل 2017
06 أبريل 2017, EUR/USD
Daily chart: ADX is ramping up but trend is not strong enough yet. So, we may soon see impulsive price shifts. At the current moment we expect continuing flat around middle Bollinger band (1.0708)
Н4: flat within Bollinger envelopes range (1.0646-1.0693). The pair is likely to stay inside this range today.
Н1: Bollinger bands confirm flat scenario - there are strong support and resistance areas (1.0651-1.0688)
Expectations: flat in range of 1.0651-1.0688
Trading signals: consider trading inside the corridor of 1.0651-1.0688
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.
