Eurusd, shopping range 1.0800-1.0882

daily graph : the upper envelope of the Bolinger was punched, and the ADX indicator is in the trend area. All this indicates a high probability of further growth in euro quotations.

N4 : there is also a space for the descending technical correction – up to the middle band of the Bolinger (1.0774).

N1 : We will also not forget about the “Friday factor”, when many markets “fall asleep” before leaving the banking weekend. Intraudgeous trending dynamics really slows down, so It is possible that we will see flat within the envelopes of Bolinger (1.0800-1.0882).

Conclusions : Flet in the range 1.0800-1.0882.

Trade decisions : Trade in the range 1.0800-1.0882.