Flat 1.0963 -1.1006 | 24 Juli 2015
24 Juli 2015, EUR/USD
Daily chart: the middle Bollinger band (1.1026) has been reached and, in contrast to descending envelopes and passive ADX, we can expect decline to the bottom band (1.0784) prior to a new upward dash.
.png "Flat 1.0963 -1.1006")
Н4: Local support is on 1.0933. As we see, one more test of 1.1026 is possible. But ADX is not corrected, so we are waiting for a downward bounce.
.png "Flat 1.0963 -1.1006")
Н1: intraday Flat 1.0963-1.1006.
.png "Flat 1.0963 -1.1006")
Expectations: Flat 1.0963-1.1006.
Trading decisions: Sales from the area 1.1006 to 1.0963
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.
