Eurusd, strong bear potential

daily schedule : the euro intensively falls after yesterday’s testing of the upper boundary of the envelopes of the Bolinger. The alleged zone of stopping the fall is the level of 1.0479 (the lower line of the Bolinger).

N4 : a massive breakdown of the lower envelope of the Bolinger is planned, which would become a strong signal of the further probable fall of the pair.

N1 : a bearish momentum of the market looks peremptory. You can consider exclusively sales. Optimal opportunity for entering It is necessary to consider the rollback by 1.0600.

Conclusions : fall to 1.0479. Previously, the rollback is possible by 1.0600.

Trade decisions : Sales by 1.0479. The optimal entry area is 1.0600.