EURUSD – UpDaily chart: ADX in a very active phase, so we can expect beginning of a bullish momentum towards 1.1335. Н4: local resistance is at 1.1217 (upper Bollinger band), from where a correction may start towards the middle band (1.1129). Н1: at this local level, we also have a bullish accumulation and readiness for distribution. The main scenario – growth to 1.1339 The alternative scenario – surge to 1.1217, then correction to 1.1129 Trading solutions: We consider buying to 1.1339 (and monitor how the price reacts to the resistance zone 1.1217 to possibly settle in profit there)
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
