Saved local copy captured 2026-11-01. Data is a snapshot, not a live feed.

Limited bullish potential

14.04.2021

Daily chart: the indication from ADX remains at a weak level, so the pair is unlikely to go above the middle Bollinger band (1.3786), which is the upper limit of the savings range 1.3737-1.3786.

Н4: in the zone 1.3786 there is also a dynamic resistance from the upper Bollinger band, which reinforce the role of this zone for sellers. The target for short positions will not exceed 50 points (support zone 1.3737-1.3748).

Н1: there is ADX activity on the hourly chart, but the general nature of the market structure is not bullish, therefore, it is also necessary to proceed from the idea of a downward reversal from the 1.3786 zone.

Conclusions: flat in the range 1.3737-1.3786.
Trading decisions: sales from 1.3786 to 1.3737.