14 3月 2017, EUR/USD
Daily chart: there is technical correction to the downside towards support levels at 1.0953 and 1.0506 (middle and lower Bollinger band). ADX is passive, so this decline would not be treated as downtrend.
Н4: here support levels are at 1.0623 (middle Bollinger band) and 1.0519 (lower Bollinger band). If bears break the first support level, they would easily break the other, so bulls are likely to try to protect 1.0623 area.
Н1: we are observing falling ADX which indicates slipping towards 1.0623 and 1.0593.
Expectations: we expect decline towards 1.0623 and 1.0593. Resistance level is at 1.0658.
Solutions: consider short-term selling to 1.0593.