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The day is probably going to be dull

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).

The day is probably going to be dull

Н4: a more localized flat corridor 1.0905-1.1021

The day is probably going to be dull

Н1: Here is even more & quot; dull & quot; range - 1.0932-1.0968

The day is probably going to be dull

Expectations: flat 1.0932-1.0968

Solutions:

1) No trade.

Aleksey Panasenko
FreshForex Analyst
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