Indicating zone to buy euro | 18 June 2015

18 June 2015, EUR/USD

Daily chart: target of bulls - the upper Bollinger band (1.1458).

Indicating zone to buy euro

Н4: a technical pullback to the middle Bollinger band (1.1266), from where a new phase of upward movement is supposed to ascending.

Indicating zone to buy euro

Н1: even a better shaped support at 1.1312 (the middle Bollinger band). Target of the intraday growth - 1.1405 (the upper band).

Indicating zone to buy euro

Expectations: so, we are waiting for decline to 1.1312 either to 1.1266, from where you can buy to 1.1405 and 1.1458.

Trading decisions:

1) Buy from the area 1.1266 or 1.1312 to 1.1405 and 1.1458


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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