30 Marzo 2017, EUR/USD
Daily chart: key support level is middle Bollinger band (1.0695). If it stops bears, we will see a new price rise (see blue arrow). If bears will be able to push the price lower, the price will sink down towards lower Bollinger band (1.0482)
Н4: here ADX shows aggressive bearish trend. Correction may reach resistance level in 1.0814 region (middle Bollinger band) but in general we will expect attempts of downside breakout of support level at 1.0730 aiming at 1.0695.
Н1: There are two strong resistance levels that possible rollback may face - at 1.0761 and 1.0786 (middle and upper Bollinger band). One of these levels is likely to push the pair down.
Expectations: drop to 1.0695 following possible price touching of 1.0761-1.0786
Trading signals: consider selling from region of 1.0761-1.0786 to 1.0695
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