15 Juni 2016, EUR/USD
Daily chart: bears managed to run break the lower envelope through, but nevertheless, ADX continues to remain passive, thus enabling further price fluctuations
Н4: key support - 1.1200 (the bottom Bollinger band plus round the psychological level). ADX is very active, so advantage belongs to bears
Н1: On the local level, the pair is consolidated in the lower envelope (range 1.1169-1.1233)
Expectations: The main scenario - touch of 1.1233 and then decline towards 1.1169
The alternative scenario - a direct drop to 1.11
Trading solutions: sales from 1.1233 to 1.1169 and 1.11