Intraday range 1.12-1.1288 | 28 August 2015

28 August 2015, EUR/USD

The daily chart: the price almost reached the general target of correction - the middle Bollinger band (1.1117). We learn today if Bears finish off this zone, or release the pair to reach the new wave of growth in the next week.

Intraday range 1.12-1.1288

Н4: decline to 1.1117 looks as a preferred option. ADX is active.

Intraday range1.12-1.1288

Н1: Intraday range 1.1200-1.1288.

Intraday range 1.12-1.1288

Expectations: decline to 1.1200 from 1.1288, from where you can sell.

solutions: 1) We sell from 1.1288 to 1.1200.

Aleksey Panasenko
FreshForex Analyst
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