
Pair EURUSD M5: 1 - The Euro on the 5-minute chart is in the central area of the bands, with the bands themselves in a horizontal position. Movement from here can continue in any direction, and to get a quality signal for price increase or decrease, it is worth waiting for an active touch of the upper or lower band, and then assess whether the bands will expand outward or if there will be no reaction.
2 - The Awesome Oscillator indicator is near the zero level and therefore does not provide any signals. It is best to wait for active growth in the positive or negative area, which will indicate the price movement in the direction of this growth.
3 - The entry point for buying in this situation can be placed at the level of 1.17209, with price increase upon active breakout and consolidation expected up to the level of 1.17336.
4 - Sales in the current conditions can be considered from the level of 1.17098, with price decrease in case of an active breakout and consolidation that could continue down to the level of 1.16914.
