Eurusd, U -turn down

daily schedule : The couple practically reached the middle band of the Bolinger (0.9881), which was the maximum purpose of correction. Apparently, the market again moved to a decrease, the potential of which, although great, will be realized next week.

N4 : Bulls failed to break through the upper envelope of the Bolinger, which is also a sign of growth. We are waiting for the euro on the support of 0.9689 (the midline of the Bolinger).

H1 : Very strong support can be met inside the day In the zone 0.9750-0.9766. But, as soon as it is pierced, the potential of the decline will increase sharply.

Conclusions : decrease in direction 0.9689.

Trade decisions : Sales to 0.9689.

close