The auctions on the former pass in a range 1.1400-1.1800 that specifies in uncertainty in the market. Lines of Bollindzhera were narrowed, and it means possible strong movement soon.
Technical indicator ADX does not give an accurate signal on buying as 13-period +DI it is located above 13-period-DI, and itself ADX smoothly decreases. Index of the Commodity Channel has reached oversale zones, but thus the potential of decrease in dollar/franc is not settled yet.
On 4 hour chart it is possible to observe as from the Asian session of Tuesday the auctions pass in a range 1.1540-1.1670 that specifies in present uncertainty in the market.
Technical indicator ADX does not submit at present accurate signals as 13-period+DI it was crossed with 13-period-DI, and with ADX. The index of the Commodity Channel has accurately no direction of movement and does not specify in a certain condition of the market (overbuying or oversale).
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