Forex Technical Analysis: Trend potential – We shall trade support 1.0896

EURUSD – Up

Daily chart: Meanwhile, Bollinger envelopes are stable, but we that ADX is building its capacity in favor of bulls. Medium-term entrance will be enabled by break of the top envelope, we we should do not hurry with entrance.

Н4: return to the area of ​​the middle Bollinger band (1.0888) is very likely, where you can search for upward signals

Н1: a little more localized support 1.0896 (the bottom Bollinger Band)

Expectations: drop to 1.0896 and an upward bounce to 1.0929 and possibly to 1.0963

Trading solutions: buy from 1.0896 to 1.0929 and 1.0963

You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.

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