Pair EURUSD H4: 1 - Euro on the 4-hour chart is trying to form a movement towards the upper band, the price touched it, but immediately rolled back to the central area. In order to receive a signal for a price increase now, it is worth waiting for the price to approach the upper band again, and then evaluate whether the bands will expand outward or there will be no reaction. Looking at the situation with fractals, the price has broken the nearest fractal upwards, if it manages to consolidate above it, then the next target for the price increase will be the fractal from April 11 at 1.07558. The nearest fractal downwards serves as a target for a possible price decline, its breakout and consolidation will allow the price to move towards the fractal from April 23 at 1.06374.
2 - The AO indicator is trying to form a new increase in the positive zone, if we see a more active acceleration, we will get a stronger signal for a price increase. It is also worth noting that the situation is currently divergent, and if the AO does not adjust, it will indicate a possible imminent weakening of the uptrend.
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