To open long positions for EUR / USD, you need:
The buyers took a break before the ECB meeting, on which the future direction of the euro will depend. The formation of a false breakout at 1.2394 or a breakthrough above the level of 1.2428 will lead to a continuation of the upward trend in EUR / USD with a test of new highs around 1.2487 and 1.2540, where I recommend fixing the profits.
To open short positions for EUR / USD, you need:
The goal of the bears for today will be a breakthrough and consolidation below the support of 1.2394, which could lead to a downward correction to the area of 1.2345 and to the renewal of a larger level of 1.2287, where I recommend fixing the profits. In the case of continued growth of the euro after the decision of the ECB, you can look for short positions after a resistance test of 1.2487 or a rebound from 1.2540.
Indicators
MA (average sliding) 50 days - yellow
MA (average sliding) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20
