EURUSD – UpDaily chart: bears destroyed yesterday pinbar with no help from ADX. In general, it confirms drop expectations towards 1.0580 (lower Bollinger band), however flat drop is also possible. Н4: here we are observing the price trapped inside lower Bollinger envelope range (1.0638-1.0701) Н1: locally potential bullish Over&Under pattern was triggered, so today key support is lower Bollinger band (1.0648). Downside breakout of 1.0638 will ensure another scenario (readiness to drop to 1.0580 region) Expectations: Core scenario – rise from 1.0648 region to 1.0701 Alternative scenario – drop to 1.0580 (in case of downside breakout of 1.0548) Solutions: consider buying from 1.0648 to 1.0701 (with stops in 1.0538 region)
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