We shall buy around 1.1304 | 19 June 2015
19 June 2015, EUR/USD
Daily chart: the pair is based in the middle of the range of the upper envelope. At the same time, we have both a correctional dynamics of the middle Bollinger band(1.1159) and ascending potential to the upper band (1.1487). Looking for options to sell.
.png "We shall buy around 1.1304")
Н4: support is 1.1304 (the middle Bollinger band), resistance - 1.1416.
.png "We shall buy around1.1304")
Н1: Pressure to 1.1304 is confirmed. Local support - 1.1378 (the middle Bollinger band)
.png "We shall buy around 1.1304")
Expectations: decline to 1.1304 and bounce to 1.1378 and probably to 1.1416.
Trading decisions:
1) Shall buy from 1.1304 to 1.1378, 1.1416 and 1.1487 (in the middle run).
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.
