Range 1.0796-1.0851 | 22 January 2016

22 January 2016, EUR/USD

The daily chart: tendency to flat movement within the Bollinger envelope (1.0787-1.0993)

Range 1.0796-1.0851

Н4: localized range 1.0811-1.0882

Range 1.0796-1.0851

Н1: southern pressure from ADX remains, potential bottom - the bottom Bollinger band (1.0796). Resistance is at 1.0851 (the middle band)

Range 1.0796-1.0851

Expectations: non-directional movement within the range of 1.0796-1.0851

Trading solutions: purchases from 1.0796 to 1.0851

Aleksey Panasenko
FreshForex Analyst
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