Consider Selling from 1.0678 | 03 April 2017

Daily chart: the pair entered lower Bollinger envelope and ensured potential for decline to 1.0524 (lower Bollinger band). ADX shows growing trend which indicates readiness for drop continuation.

Н4: here we have narrowed lower Bollinger envelope (1.0620-1.0737). ADX is trending but corrective. There is a possibility of upside rollback before a new drop.

Н1: breakout of lower Bollinger envelope along with extending bands indicate coming drop. The best point to enter the market is middle Bollinger band (1.0678)

Expectations: we expect the price to touch 1.0678 region and then drop to 1.0620 or lower to 1.0524.

Trading signals: consider selling from 1.0678 to 1.0620 and 1.0524 (extraday).