daily schedule : the euro approaches the upper border of the Bolinger envelopes (1.0712), from where, most likely, it will turn down again, because The trend potential of the market is still absent.
H4 : We confirm the presence of a strong resistance area in zone 1.0686-1.0712. Here, obviously, significant activity of sellers is possible.
N1 : the intraudic upper strip of the Bolinger is located quite high – at 1.0740. Thus, testing of this mark cannot be excluded Before the turn down.
Conclusions :
The main scenario – growth to 1.0712, then a reversal.
Alternative scenario – growth by 1.0740, followed by transition to a U -turn.
Trade decisions :
1. Purchases to 1.0712 and, possibly, 1.0740.
2. Search for sales in zones 1.0712 and 1.0740.