Euro needs some corrections | 15 May 2015
15 May 2015, EUR/USD
Day chart: A strong 1.1521 resistance level is a big barrier EURUSD now. New Highs are expected atfer rollback to middle Bollinger band (1.1079)
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Н4: local resistance at 1.1481 (upper Bollinger band). Internal support level - 1.1307 (low band)
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Н1: today flat is expected in 1.1367-1.1427 range
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Expectations: the main scenario is flat between 1.1367-1.1427. Alternative is growth to 1.1481 and then decline to 1.1307. You had better not make buyings today.
Trading decisions:
1) Look for short-signals from 1.1427, or 1.1481.
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.
