Bearish potential

10.08.2021
Daily chart: bears maintain pressure on the euro in the support zone of 1.1726 (lower Bollinger band). Probably, the day will be closed by a breakdown of the lower Bollinger envelope, which will further aggravate...
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Trading range 1.3852-1.3898

09.08.2021
Daily chart: the downward wave is approaching the middle Bollinger band (1.3831), where there is an obvious demand area, going below which will be problematic for sellers - the ADX trend potential is decreasing. Н4:...
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The pressure on the euro maintains

09.08.2021
Daily chart: the pair has reached the lower Bollinger band (1.1741), where there is substantial support. Meanwhile, the bears maintain pressure on the euro, as evidenced by the trend ADX. Therefore, the probability of a...
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Bears have perspective areas for sales

06.08.2021
Daily chart: the average Bollinger band (109.88) was tested today. Therefore, immediately from the current levels, a downward reversal is possible within the working out the broken lower envelope. Н4: the local dynamic resistance level...
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Decline to 1.1753

06.08.2021
Daily chart: the pair is already in the lower Bollinger envelope, so the bears have a good chance of working out the 1.1753 support zone on the lower line. Strong news from the US (nonpharm)...
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