30 July 2015, EUR/USD
The daily chart: there is dynamics of movement down to the bottom Bollinger band (1.0825)
.png "Possible strong support around 1.0936")
H4: significant local support on 1.0950 is able to hold bears, as evidenced by weak ADX. At the top we had local O&U, therefore, such scenario is very probable.
Otherwise, we shall wait for a direct decline to 1.0825 (blue arrow), where there is, in its turn, bullish O&U presents.
.png "Possible strong support around 1.0936")
H1: dynamic support is lowered a little - 1.0936. Strong resistance is on 1.1072
.png "Possible strong support around 1.0936")
Expectations: 1) Drop to 1.0936 and bounce towards 1.1072.
solutions:
1) We are looking to Buy around 1.0936.
2) We are waiting with Buy pending orders around 1.0825
3) We are waiting with Sell pending orders around 1.1110.
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