04 Agustus 2016, EUR/USD
Daily chart: there is a technical downward correction towards the middle Bollinger band (1.1076), from where bulls are expected to take a new attempt to lift the price.
Н4: very active trend ADX in favor of sellers. We are waiting for finalization of the zone 1.1076
Н1: local resistance at the middle Bollinger band (1.1159), support - 1.1119 (the bottom band)
The main scenario - drop towards 1.1076
The alternative scenario - touch of 1.1159 and then decline towards 1.1119
Trading solutions: sales from 1.1159 to 1.1076