Limited bearish potential

15.11.2021
Daily chart: the ADX indicator shows substantial bearish pressure, therefore, against the background of the breakdown of the lower Bollinger envelope, we can expect an acceleration of the fall in quotations in the direction of...
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The target of bears for today is 1.3308

12.11.2021
Daily chart: the ADX indicator has entered the trend zone, which indicates a possible transition of the pair to a more intense phase of quotations decline. Н4: the local dynamic support level is in the...
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Decline to 1.1401

12.11.2021
Daily chart: the pair remains outside the lower Bollinger envelope, but the ADX is still not in the trend zone. As we know, it very rarely happens that there are more than four bars outside...
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Decline to 1.3343

11.11.2021
Daily chart: the lower Bollinger envelope has been broken, which is one of the important signs of the continued bear market. ADX is close to the trend zone, but is not yet in it, so...
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We are waiting for the euro even lower

11.11.2021
Daily chart: a massive breakdown of the lower Bollinger envelope was recorded at the end of yesterday's trading session. This is a signal that the euro quotes will continue to decline. Meanwhile, the ADX indicator...
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