23 9月 2015, EUR/USD
The daily chart: Bears continue to push the euro down, but strong support in the area of the lower Bollinger band (1.1052) is waiting for the pair
Н4: trend pressure on ADX, so support 1.1052 may be under stress
Н1: oscillator convergence suggests some weakness of sellers. Local support is in the area of 1.11
Expectations: (The main scenario)
: Decline to 1.11 and bounce to 1.1153
The alternative scenario: Deeper decline to 1.1152 and then bounce up.
solutions:
1) No Buy options, but there is almost no space for Sale as well. However, advantage is on the bears's side, so sale is preferable.