Equally probable scenarios | 16 October 2015

The daily chart: bulls slightly loosened their grip on the round level (1.55) than that gave preconditions for development of the downward swing.

H1 chart: expanding formation with three breakdowns up and two down. In terms of trade - it is better and more profitable to sell. In terms of outlook for the future - a situation is equiprobable (this conditional "mouthpiece" may be punched up).

Expectations:

1) decline toward 1.5385, 1.5329

2) expanding upv with a breakdown of 1.5508

to expand and up, with a breakdown of:

1) It is better to reject Buy in favor of sale to 1.5385 and 1.5359, either take your time until everything gets more clear.