daily schedule: The upper strip of the Bollinger provoked intensive correction of the pair down. Most likely, bears will be able to reach the midline (138.61).
N4: The nearest strong stopping support is 141.41 (Bolinger’s lower strip). Its touch can lead to a rebound, and the bulls, thereby, would retain the ascending market structure.
H1: Significant pressure of sellers inside the day. But the equally noticeable signs of resale. We are waiting for testing zone 141.41, and rollback by 142.50.
Conclusions: decrease by 141.41, then growth by 142.50.
Trade decisions:
1. Sales by 141.41.
2. Purchases from 141.41 to 142.50.