EURUSD, TRADE RANGE 1.0929-1.1993

Daily chart: compared with yesterday’s session, the lower line of the Bollinger dropped below the round level of 1.0800, which indicates a high probability of further development of the downward wave in the direction of this purpose.

H4: The state of local envelopes of Bollinger is still talking about accumulating in the sideways 1.0887-1.1064. Thus, any short-term growth in quotations can be used by bears for sales buildup.

H1: The relatively low trend potential of the indicator ADX makes the most likely scenario for today the flask within the Bollinger envelopes (1.0929-1.0993). The upper limit of the range was practically tested, so sales in priority.

Conclusions: Reduced by 1.0929.

Trade Solutions: Sales by 1.0929.

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