EURUSD, TRADE RANGE 1.1056-1.1130

Daily chart : The pair is testing the middle band of the Bollinger (1.1082), where the big interest of sellers can be focused – two weeks ago, the lower envelope of the Bollinger was broken, which is a downward wave signal.

N4: Local Upper Bollinger Envelope was also broken, therefore it is impossible to exclude re-testing of resistance 1.1130, and even the update of the local maximum.

H1: The clock top envelope of the Bollinger also has a breakthrough. Thus The demand zone for the euro today is 1.1056, sentence zone – 1.1130.

Conclusions: Height from the zone 1.1056 to 1.1130, then turn down.

Trade Solutions: Trade in the range 1.1056-1.1130.