Possible demand in Euro – around 1.0882-1.0904 | 16 July 2015
16 July 2015, EUR/USD
Possible demand in Euro – around 1.0882-1.0904
Daily chart: the bottom Bollinger band is even lower now and points out at 1.0882 .
.png "Possible demand in Euro – around 1.0882-1.0904")
Н4: even better shaped support on 1.0904, where demand in euro may demand and bounce in the upward direction – of we take into account quite well expressed convergence of oscillator.
.png "Possible demand in Euro – around 1.0882-1.0904")
Н1: convergence also presents here.
.png "Possible demand in Euro – around 1.0882-1.0904")
Expectations:so, decline to 1.0882-1.0904 and bounce to 1.1036
Trading decisions:
1) Buying from 1.0882-1.0904 on additional signal. Target is 1.1036
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.
