Sell from 1.1410 | 27 August 2015
27 August 2015, EUR/USD
The daily chart: euro is going through a technical correction in the direction of the middleполосы Bollinger band (1.1117), whereupon the pair might head for new highs in the medium-term.
.png "Sell from 1.1410")
Н4: intermediate support at 1.1273 (Lower Bollinger Band) is a strong support, but attack comes with the Actively ADX, so it is likely to have a breakdown below 1.1117.
.png "Sell from 1.1410")
Н1: ADX/RSI suggests the possibility of rolling up to the middle band (1.1410), from where the wave down will attack support 1.1272.
.png "Sell from 1.1410")
Expectations: a pullback to 1.1410 and decline to 1.1273, with an eye on 1.1117.
Trading solutions:
1) Sell from 1.1410 to 1.1273 and 1.1117 (extraday)
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.
