Sell from 1.09 | 01 March 2016

01 March 2016, EUR/USD

Daily chart: bearish pressure towards the bottom Bollinger band remains (1.0820)

Sell from 1.09

Н4: local resistance is at 1.0956 (middle Bollinger band), which may end in a rising correction

Sell from 1.09

Н1: horizontal corridor 1.0863- 1.0898 with weak ADX parameters, so we expect resistance to be based on the upper wall of the channel.

Sell from 1.09

Expectations: touch of the area 1.0898 and then decline towards 1.0863 and 1.0820

Trading solutions: sell from 1.0898 to 1.0820 < / p>


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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