Decline of the euro to 1.0816 | 15 Enero 2016
15 Enero 2016, EUR/USD
Daily chart: the pair is in the horizontal range 1.0775-1.1001
Н4: local resistance is at 1.0904 (Upper Bollinger Band). Support is at 1.0816 (the bottom band).
Н1: we also notice flat trading range, but with growing ADX I would not consider purchases at all.
Expectations: flat corridor 1.0816-1.0904
Trading solutions: sale to 1.0815
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.
