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Premarket review on the euro. Analysis of Friday's close

Premarket review on the euro. Analysis of Friday's close | 30 November 2015

30 November 2015, EUR/USD

Daily chart: the trend continues sliding down the euro against the background of bull convergence. As you can see, goal 1.05 (the bottom Bollinger band) is still relevant, from which, with high probability, will be a rebound towards 1.0760 (middle Bollinger Band).

Premarket review on the euro. Analysis of Friday's close

Н4: also converging oscillator and more localized support at 1.0571 (the bottom Bollinger Band). Resistance at 1.0619 (middle band).

Premarket review on the euro. Analysis of Friday's close

Н1: confirm flat horizontal range1.0571-1.0619

Premarket review on the euro. Analysis of Friday's close

Expectations: flat 1.0571-1.0619

solutions: trade in both directions between the flat.

Aleksey Panasenko
FreshForex Analyst
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