Analysis method - “Trend’s Potential”
September 14, 2018
Daily chart: Horizontal mode of trading within upper Bollinger bands (111.10-112.03) preserves.
H4: Upper Bollinger band is broken, that makes possible new upward phase of the movement. At the same time ADX hints that main events will take place after weekend.
H1: We note local corridor, where the major can get into flat today: 111.73-112.03 (Bollinger bands).
Expectations: Flat in the 111.73-112.03 range.
Trading recommendations: Absent.