We should sell from around 1.0885 | 19 January 2016
19 January 2016, EUR/USD
Daily chart: Flat status of the frame. The range is 1.0775-1.0993, this is where the pair will be in the next few days.
Н4: some bearish pressure. Support - 1.0845 (the bottom Bollinger band). If it is broken, it will be possible to enter into sales from the middle band (1.0885) to 1.0775.
Н1: a similar situation in a nutshell. The bottom envelope is broken. ADX is getting more active, we can go down from 1.0885
Expectations: So, we wait for an upward rollback to 1.0885 followed by decline to 1.0845 and an eye on 1.0775 (extratraday).
Trading solutions: sell from 1.0885 to 1.0775
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.
