To open long positions for EURUSD, you need:
The upward movement continues. At the moment, opening long positions is best after a correction and a false breakdown at the level of 1.2348 or on a rebound from 1.2322. The breakthrough and consolidation above the level of 1.2375 will only increase demand for the euro, which will lead to the renewal of resistance in the areas of 1.2046 and 1.2446.
To open short positions for EURUSD, you need:
The formation of a false breakout and a return to the level of 1.2375 will be the first signals for opening short positions in EUR / USD with the main goal of reducing to an important daily support level of 1.2348. If the value goes below this level, the pressure on the euro will increase, which will lead to a return to the day's lowest to 1.2322. In case of further growth of the euro above the level of 1.2375, selling the euro is best on a rebound from 1.2406.
Indicator description
MA (moving average) 50 days - yellow
MA (moving average) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20
