Trading range 1.1338-1.1384

19.11.2021
Daily chart: the euro bounced upwards, but remains under pressure - the lower Bollinger band again indicates the possibility of a drawdown below the round level of 1.1300. Н4: dynamic resistance at 1.1384 (upper Bollinger...
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We mark a perspective zone for buying

18.11.2021
Daily chart: after the upper Bollinger envelope was broken, the pair experienced a very active downward correction to the middle Bollinger band (113.80), where a lot of buying activity can be met. Н4: we mark...
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Continuation of the upward correction

18.11.2021
Daily chart: the upward technical correction of the pair continues, the target of which is probably the middle Bollinger band (1.3577). In this zone, presumably, a pending sell offer can be concentrated, which ensures the...
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Sideways corridor 1.3405-1.3450

17.11.2021
Daily chart: the pair is consolidating at 1.3418 for the fourth day, where the local hourly Bollinger averages are located. All this should be considered as a possible preparation for a decline to the 1.3293...
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Market may require correction

17.11.2021
Daily chart: there are already six bars in a row outside the lower Bollinger envelope! This is a strong corrective sign. Meanwhile, the pressure of the ADX indicator remains strong, which indicates a possible new...
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