EURUSD, TRADE RANGE 1.1259-1.1303

Daily chart: A pair predictably faced difficulties in the zone of the middle band of the Bollinger (1.1319), and today it can form a confirmation of the reversal of the bearish internal bar.

H4: Probably, the euro will be consolidated within the upper envelope of the Bollinger (1.1259-1.1343) to tomorrow’s “nonfarm” (publication of American data on changing the number of people employed in the non-agricultural sector).

H1: Medium-term uptrend is still relevant, but trend The ADX potential is at a weak level. It also contributes to consolidation or in a narrow corridor of the lower envelope (1.1286-1.1303), or in a wider range with the support of the H4-middle line of the Bollinger (1.1259).

Conclusions: Multidirectional movement in the range 1.1259-1.1303.

Trademarks: Short-term transactions in the range 1.1259-1.1303.