High probability of the upward rollback | 18 November 2015

Daily chart: Euro is still determined for the medium-term decline towards 1.0521 (the bottom Bollinger band).

Н4: signs of bullish convergence. This could trigger an upward rollback from the area 1.0614 (the bottom Bollinger band) to 1.0713 (the middle band).

Н1: convergence of the oscillator presents here as well. You have to be very careful with sales. It is safer to skip the emerging upward roll back.

Expectations: touch of 1.0614-1.0634 support zone and rebound towards 1.0713

solutions: If we have long-signals around 1.0614-1.0634, you can try buying on correction to 1.0713. However, for conservative traders it will be easier to just wait for the upward rollback to look for downward signals.