Looking for downward entry points | 29 Juni 2016

Daily chart: the bullish inside bar was obtained, which opens opportunities for buyers for correction to the middle Bollinger band (1.4268). How let's see if they take advantage of this situation.

Н4: local resistance 1.3662 (middle Bollinger band) could send the pair to test the lower band (1.2582)

Н1: At the local level the pair may drop from current levels because ADX is rising and is close to the trendline area and there is no bullish momentum.

The main scenario - a drop from current levels towards 1.2582

The alternative scenario - surge to 1.3662 followed by decline

Trading solutions: look for additional Sell signals either from current levels or after a rollback to the zone 1.3662.