1.0986 is the target | 07 August 2015
07 August 2015, EUR/USD
Day chart: we've got a continued flat of the pair, now in the zone of middle Bollinger band (1.10). We are still waiting for finalization of the "bottom" in the area of 1.0825, where bullish O & U is waiting for its turn .
.png "1.0986 is the target")
Н4: a strong resistance in the zone of 1.0986 (Upper Bollinger band) can reject the euro down in the zone 1.0848 and possibly by pin and 1.0825.
.png "target 1.0986")
Н1: bullish mood. Support is at 1.0911 zone (middle Bollinger band), the resistance is 1.0986.
.png "1.0986 is the target")
expectations: growth to 1.0986 and pullback to 1.0911.
solutions:
1) Buy from 1.0911 to 1.0986
2) Selling from 1.0986 to 1.0911
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.
