Looking to buying around 1.0975 | 07 March 2016
07 March 2016, EUR/USD
Daily chart: pair is nearly to approach resistance from middle Bollinger line (1.1085), from this level down bounce is possible.
Н4: envelope expansion is against weak ADX, so we don't know if 1.1085 level will be reached .
Н1: locally pair is in the range of upper envelope (1.0975-1.1028)
Expectation: decrease to 1.0975 and then rise to 1.1028 level
Trading decisions: buy from 1.0975 to 1.1028
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.
