15 December 2016, EUR/USD
Daily chart: aggressive ADX along with downtrend and breakout of the last strategic support level 1.0500 indicate further Euro decline towards parity.
Н4: there is quite the same situation: bears push further. Bulls make fable attempts to buy around 1.0485 (lower Bollinger band), but market goes in opposite direction.
Н1: local day support level for Euro is 1.0437 (lower Bollinger band). Intraday traders can take profit exactly in this range, because correction is highly possible.
Expectations: we expect the pair to decline to 1.0437.
Solutions: sell around 1.0437.