Growth to the 11-th figure is possible | 29 Juli 2016

29 Juli 2016, EUR/USD

Daily chart: the pair has moved to the upper envelope Bollinger on growing ADX parameters, so the upper Bollinger band (1.1157) is the goal.

Н1: at this local level, the pair is consolidated within the envelope range (1.1052-1.1107)

The main scenario - growth to 1.1107

The alternative scenario - surge to 1.1157

Trading solutions: look for Buying options from 1.1157 to 1.1052.


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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