Trying to buy | 26 Junio 2015
26 Junio 2015, EUR/USD
Daily chart: consolidation of the price continued and yesterday we have received Inside Bar and new narrowing of envelopes. In the upper side there is a potential zone of the offer 1.1391 within the frames of O&U pattern, so in general we will be waiting for Euro in this part. Though passive ADX can indicate about carrying scenario over the next week.
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Н4: narrowing of envelopes prior to impulse. Support 1.1111, resistance is 1.1304.
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Н1: Flar. Range 1.1176-1.1218.
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Expectations: flat 1.1176-1.1218, or impulse to 1.1304 (in case of leave above 1.1218).
Trading decisions:
1) Trying to buy from current levels to 1.1218 and 1.1304.
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.
