Flat is all day | 22 February 2016

22 February 2016, EUR/USD

Daily chart: support of middle Bollinger line (1.1081) has been tested successfully, we are expecting middle-term growth to upper line (1.1395)

Flat is all day

Н4: side flat range is into Bollinger Envelope area (1.1081-1.1161). ADX are increasing breakthrough is possible from this corridor.

Flat is all day

Н1: intraday price would be in to flat range 1.1090-1.1136 (horizontal envelopes and weak ADX).

Flat is all day

Expectation:: flat is 1.1090-1.1136

Trading decisions: trading in flat range.


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.
Aleksey Panasenko
FreshForex Analyst
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