Trading range 1.3768-1.3847

07.07.2021
Daily chart: the pound has duplicated the massive bearish bar of the euro, therefore, despite the divergence in the RSI, further development of the downward medium-term wave in the direction of 1.3691 (lower Bollinger band)...
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Marking the borders of the correction

06.07.2021
Daily chart: the downward technical correction is potentially limited by the middle Bollinger band (110.48), from where the bulls will have a chance to continue the uptrend. Н4: local bearish trading within the lower Bollinger...
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Trading range 1.1830-1.1888

06.07.2021
Daily chart: the downward trend of the euro in the direction of 1.1736 (lower Bollinger band) is confirmed. Yes, probably, we will see multidirectional movements within the day. But generally, the bulls clearly cannot hold...
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Correction can be continued

05.07.2021
Daily chart: testing of the upper Bollinger band (111.64) showed sufficient overbought in the pair, which led to the development of an intense downward correction, which now may well reach the middle line (11.36). Н4:...
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Consolidation in the range 1.1843-1.1870

05.07.2021
Daily chart: against the background of Friday's news, the bears failed to reach the lower Bollinger band (1.1744), getting a bullish close. But the negative scenario for the euro will remain relevant, despite the sufficient...
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