Accumulation before further decline

20.08.2021
Daily chart: ADX pressure in favor of a further decline in quotes remains. The nearest strong support will be found in the lower Bollinger band (1.1651), but the probability of a breakout of this zone...
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Decline to 1.3600

19.08.2021
Daily chart: bears dominate, breaking the lower Bollinger envelope against the background of active trend pressure from the ADX indicator. The pair is already in the 36th figure, so today we can expect an attempt...
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We are waiting for the sale of the euro from 1.1700

19.08.2021
Daily chart: there is a very strong sellers’ pressure in the zone of dynamic support at 1.1664 (lower Bollinger band), which indicates a probable breakout of this zone and, as a consequence, a further decline...
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Flat forecast

18.08.2021
Daily chart: a bullish inside bar was formed from the lower Bollinger band yesterday, which should be considered as an important signal of the end of the downward wave and the transition of the market...
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A new fall is possible

18.08.2021
Daily chart: the lower Bollinger line dropped to the 1.1682 zone, so the downward wave cannot be considered as exhausted - at any moment the euro quotes may continue to decline. Н4: the local lower...
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