Eurusd, trading range 1.0604-1.0645

daily graph : as you can see, any rapprochement with the upper strip of Bolinger (1.0690) demonstrate the weakness of the bulls. They have not yet surrendered, but it seems that this is really the culmination of the bull trend.

N4 : Stable horizontal envelopes of the Bolinger limit the growth of the resistance zone 1.0658-1.0690, from where the price may drop to a round level 1.0600.

N1 : inside the day we can also talk about the side trend inside the envelopes of the Bolinger (1.0604-1.0645). ADX indicators are on the phlet level, therefore, the forecast for the day – fluctuations in the indicated corridor.

Conclusions : Flet in the range 1.0604-1.0645.

Trade decisions : Trade in the range 1.0604-1.0645.