EURUSD – UpDaily chart: correction potential still holds in 1.0754 (middle Bollinger band), from here bears might try to touch lower band (1.0389). If price gets to the upper envelope, a rise towards 1.1117 (upper Bollinger band) might be possible Н4: the pair is locally consolidated in the horizontal corridor 1.0576-1.0691 (Bollinger bands range). ADX is weak and corrective. Н1: more localized flat range is 1.0632-1.0691. This is where Monday trading range seems to be. ADX is growing but it is still far from active range. Expectations: Core scenario – flat within 1.0632-1.0691 Alternative scenario – breakout towards 1.0754 Solutions: buy in the range from 1.0632 to 1.0691
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