Sell from 1.1186 | 16 February 2016
16 February 2016, EUR/USD
Daily chart: a continued technical correction to the middle Bollinger band (1.1020), from where we can wait for a new phase of growth to 1.1365 (Upper Bollinger Band).
Н4: locally downward trend to 1.1020. If there is a pre-rollback to the middle band (1.1253), we can sell.
Н1: localized resistance 1.1186 (middle Bollinger band). Support - 1.1124 (the bottom band)
Expectations: a pullback to 1.1186 and then downward movement to hit zone 1.1124 and possibly 1.1020
Trading solutions: sell from 1.1186 to 1.1124 and 1.1020
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.
