Premarket view on the euro. Analysis of Friday's close | 28 December 2015
28 December 2015, EUR/USD
Daily chart - Bollinger envelopes are directed upwards the zone 1.1129, but we see weak ADX, markets lack gasoline.
Н4: local resistance 1.0980 (the upper Bollinger band), support in the area of 1.0924 (middle band).
Н1:also correction. The bottom Bollinger band is at 1.0901, it may also be the target of correction.
Expectations: So, we wait that the pair will be sliding from the zone of 1.0980 towards 1.0924 and 1.0901.
Trading solutions: sale from 1.0980 with short stops to 1.0924 and 1.0901
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.
