Range 1.0879-1.0950 | 18 January 2016
18 January 2016, EUR/USD
Daily chart: the pair is in the horizontal corridor 1.0775-1.0993
Н4: localized support from the middle Bollinger band (1.0879). Resistance is at 1.0950 (the upper band).
Н1: we confirm the range 1.0879-1.0950.
Expectations: the price will fall to 1.0879 which will be followed by correction to 1.0918 and possibly to 1.0950.
Trading solutions: if we have buy signal on younger timeframes in the zone of 1.0879, we'll try to buy to 1.0950.
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.
