Waiting for a pullback from the area 1.0978 and then we shall buy again | 22 July 2015

22 July 2015, EUR/USD

Daily chart:Yesterday the pair has confirmed its correctional potential. The nearest strong resistance - the middle Bollinger band (1.1047), from where Euro can go to 1.0825, accumulating a probable demand within the frames of O&U pattern. From this area, it can move even upper to 1.1280 and 1.1380.

Waiting for a pullback from the area 1.0978 and then we shall buy again

Н4:the upper envelope is broken which, from the one hand, is a strong signal telling about continuation of growth and from another hand, it is a possibility of a pullback to the middle Bollinger band (1.0867) and even 1.0825, where we indicated a local bullish O&U pattern.

Aleksey Panasenko
FreshForex Analyst
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .