Daily price range is 1.1096-1.1163 | 18 February 2016
18 February 2016, EUR/USD
Daily chart: pair is moving to the upper Bollinger line (1.1395), but the middle support level isn’t achieved (1.1055). It is better to start buying from this level.
Н4: local horizontal range is 1.1096-1.1235
Н1: local flat corridor is 1.1120-1.1163.
Expectation: flat 1.1120-1.1163
Trading decisions: because of general north direction we are expecting signals for buying in 1.1096-1.1120 area.
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.
