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Daily chart: compared with yesterday’s session, the lower line of the Bollinger dropped below the round level of 1.0800, which indicates a high probability of further development of the downward wave in the direction of this purpose.

Four-hour EUR / USD Couple Schedule. The currency pair remains under pressure and continues to move down. The currency pair overcame the level (2/8) and the next target for the bears is a reversal level (1/8).

After a sharp burst of activity from buyers, the price began to crawl down again. This nature of the movement was expecting.

Daily chart: The lower band of the Bollinger has significantly sank compared to yesterday’s trading session, and is now at 1.3007.

Daily chart: Couple tests a medium-term resistance area 116.01-116.10, from where, with a high probability, we will see the reversal of the market down: There is a top border of the Bollinger envelopes, and the ADX trend potential required for breakdown is not achieved.