Today's range 1.09-1.0952 | 02 June 2015

02 June 2015, EUR/USD

Daily chart: Meanwhile Bollinger envelopes keep Southern orientation, so it is too early to think about purchases expecting to get an entrance point based on the pattern O&U (1.1390). A sluggish parameter of ADX indicate that bearish potential does not belong to trend.

Today's range 1.09-1.0952

Н4: a horizontal flat channel 1.0892-1.0987

Today's range 1.09-1.0952

Н1: a little better shaped flat range - 1.09-1.0952

Today's range 1.09-1.0952

Expectations: flat within the channel 1.0900-1.0952

Trading decisions:

1) Scalping within the channel 1.09-1.0952, either "Fence".


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
FreshForex Analyst
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