We buy Euro to 1.1286 | 22 Mei 2015

22 Mei 2015, EUR/USD

Daily chart: So, we are still expecting movement to 1.1390 as the area of supposed active movement on Euro which will knock the pair down to 1.0817. This is a middle-term scenario with an obvious outlook for the next week.

We buy Euro to 1.1286

Н4: resistance has been shaped on 1.1286 (the upper Bollinger band). It is by 60 points higher than yesterday which speaks for a general Norther determination..

We buy Euro to 1.1286

Н1: ADX is very active. We are looking for growth.

We buy Euro to 1.1286

Expectations: we are looking for growth to 1.1286 with the target on 1.1390.

Trading decisions:

1) We keep yesterday's purchase to 1.1286

2) We can buy from market to the target 1.1286


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.
Aleksey Panasenko
Analis perusahaan "FreshForex"
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