The day is probably going to be dull | 04 August 2015
04 August 2015, EUR/USD
The daily chart: The pair continues to be inside the Bollinger envelope whereas we have passive ADX. Bullish O& amp;U 1.0825 is present, so there are signs that the price may get lower and find itself in this zone. Resistance is firmly located on the top Bollinger band (1.1138).
.png "The day is probably going to be dull")
Н4: a more localized flat corridor 1.0905-1.1021
.png "The day is probably going to be dull")
Н1: Here is even more & quot; dull & quot; range - 1.0932-1.0968
.png "The day is probably going to be dull")
Expectations: flat 1.0932-1.0968
Solutions:
1) No trade.
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.
