Another Flat Day | 06 April 2017

06 April 2017, EUR/USD

Daily chart: ADX is ramping up but trend is not strong enough yet. So, we may soon see impulsive price shifts. At the current moment we expect continuing flat around middle Bollinger band (1.0708)

Another Flat Day

Н4: flat within Bollinger envelopes range (1.0646-1.0693). The pair is likely to stay inside this range today.

Another Flat Day

Н1: Bollinger bands confirm flat scenario - there are strong support and resistance areas (1.0651-1.0688)

Another Flat Day

Expectations: flat in range of 1.0651-1.0688

Trading signals: consider trading inside the corridor of 1.0651-1.0688

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Aleksey Panasenko
FreshForex Analyst
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