Trading range 1.1725-1.1762

25.08.2021
Daily chart: the bulls could not overcome the barrier in the form of the middle Bollinger band (1.1778), and now the euro may come under pressure again. The nearest local support for the pair is...
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Flat forecast

20.08.2021
Daily chart: the bulls failed to gain a foothold in the upper Bollinger envelope, which is a probable sign of further market consolidation in the middle band area (109.69). Н4: low trend activity of the...
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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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