EURUSD – UpDaily chart: the pair confirms the flat character of movement, because yesterday even the bottom Bollinger band (1.1118) was not finalized, and now the price is within the bottom envelope (1.1118-1.1202) Н4: at this local frame the pair is still looking to south, but the range matches the range of the daily bottom envelope – 1.1129-1.1201. ADX is weak and corrective, so only the flat is considered. Н1: and the third frame, where trading takes place in the non-directional horizontal corridor: 1.1163 – 1.1182. There is absolutely nothing to do here, so we are still waiting when the market signals of its readiness for active movements. But, apparently, not today. Expectations: this day will obviously be spent within the flat channel 1.1163-1.1182 Solutions: do not trade today. 20 points do not worth the effort.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
https://freshforex.com/analitics/fresh-forecast/potencial/issue_83281.html?utm_source=rssfeed&utm_medium=rss&utm_campaign=rssnews&ff_mrk=rss&aff=64063
