We are waiting for a decline to the 16th figure

30.03.2021

Daily chart: euro maintains a strong bearish trend, which will threaten today with a breakdown of the lower Bollinger envelope in the 1.1730 zone. Therefore, in the near future the pair may find itself in the 16th figure.

Н4: locally, bears also break through the lower Bollinger band against the background of high trend indicators from the ADX. This suggests that there is no alternative for sales.

Н1: we also note the presence of a breakdown of the lower Bollinger envelope on the hourly timeframe. The ADX trend dynamics is everywhere, so today is one of those days when the pair can be in a unidirectional state for a long time.

Conclusions: decline to 1.1650 and 1.1600. Trading solutions: sales to 1.1650 and 1.1600.