Flat but it is not boring | 15 July 2015
15 July 2015, EUR/USD
Daily chart The borrom Bollinger band is aimed to get a new Low, but supports are protected and there is a demand in Euro. Active ADX is not going through a correction though. Movement to the middle band (1.1153) will confirm that bulls control the situation
.png "Flat but it is not boring")
Н4: flat range of Bollinger envelopes (1.0942-1.1153)
.png "Flat but it is not boring")
Н1: we also have a local flat 1.0980-1.1041
.png "Flat but it is not boring")
Expectations: flat 1.0980-1.1041, with a probable upward movement to 1.1153.
Trading decisions
1) We shall buy around 1.0980 to 1.1041, 1.1153 and 1.1380 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.
