Flat continues | 09 August 2016
09 August 2016, EUR/USD
Daily chart: scenario of the flat around the middle Bollinger band (1.1086) has been justified, and there are no signs that this trend is getting to be directional
Н4: the pair is being traded inside bottom Bollinger envelope (1.1053-1.1122), and also note the corrective ADX
Expectations: flat inside the corridor 1.1074-1.1102
Solutions: skip trading until things get more certain.
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.
