Pair EURUSD H4: 1 - On the 4-hour chart, the Euro has started to pull back towards the central area of the bands after attempting to move along the upper band. To receive a high-quality signal for price growth, it is worth waiting for an active touch of the upper band, and then assessing whether the bands will expand outward or if there will be no reaction. Speaking of fractals, new closer fractals up and down have formed, now acting as targets for price growth and decline. A breakout and consolidation above the nearest fractal upwards will allow the price to move towards the fractal from October 20 at the level of 1.16748. A breakout and consolidation below the nearest fractal downwards will enable the price to reach the fractal at 1.15843.
2 - The Awesome Oscillator indicator has approached the zero level. If we see a cross through zero and active growth in the positive zone next week, we will receive a stronger signal for an increase in quotes. Conversely, a new acceleration in the negative zone will signal a price decline.
