Eurusd, trading range 1.0663-1.0720

daily schedule: The rebound from the middle band of the Bolinger is confirmed, so the bulls can continue to increase long positions in the euro. The ADX indicator is still adjusted, so the pulse up is not expected today.

N4: Locally quotes remain within the lower envelope of the Bolinger (1.0643-1.0705). The price is clamped between these levels and, most likely, will not leave these boundaries.

H1: confirm the likely script with the side trend inside the day. Trading range 1.0643-1.0720 (size of the Bolinger’s strip).

Conclusions: Fletes in the range 1.0663-1.0720.

Trade decisions: Short-term transactions in the range 1.0663-1.0720.