Flat day expected | 22 October 2015

22 October 2015, EUR/USD

The daily chart: flat status remains. We expect touch of support from the middle Bollindger band (1.1288) and upward bounce without further notable movement.

Н4: more localized horizontal channel 1.1319-1.1380

Н1: more localized resistance at 1.1349.

Expectations: 30-points flat 1.1319-1.1349.

solutions: Buy from the zone of 1.1319 based on exit from the flat or on the news, or on another day


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.
Aleksey Panasenko
FreshForex Analyst
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