Forex Technical Analysis: Trend potential – Still moving down

EURUSD – UpDaily chart: the pair tends to lowering in the direction of 1.0929 (the bottom Bollinger band). ADX is weak but growing. So far, buying is a dangerous strategy. Although a certain rollback in the area of ​​the middle band (1.1111) is possible. But it is better to use this rollback to enter into sales. Н4: ADX is very active and has almost reached the trend value. Therefore, we do not expect the price above the middle Bollinger band (1.1075). Support is at 1.0997 and 1.0929 Н1: a better shaped resistance – 1.1041 (middle Bollinger band) Expectations: a pullback to 1.1041, and then decline to 1.0992 and maybe toward 1.0929 Solutions: sales from 1.1041 to 1.0992 and 1.0929
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