JohnKicklighter

Bollinger Bands Suggest a Breakout from EURUSD...Just Not Yet

FX:EURUSD   Euro / U.S. Dollar
541 1 6
Bollinger Banks are producing some interesting signals for EURUSD             . They suggest a breakout is coming while also saying the market may have overstretched to the short-side. A breakout seems likely but only after the weekend when we can process the Referendum. Now, as for a market oversold...that depends on what happens to Greece and the view of monetary policy .
Hi. Breakout on the long side. Prices will move up to 1.1310/1.1340. bye
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