To open long positions for EURUSD, you need:
Buyers managed to return to the morning highs and are now trying to gain a foothold above the resistance level of 1.2386, which opens a straight path to the maximum of the week in the area of 1.2412, from which one can expect to update the upper boundary of the uplink in the region of 1.2446. In case of unsuccessful fastening at the level of 1.2386 in the second half of the day, it is best to return to buying the euro after the update of the support level of 1.2345.
To open short positions for EURUSD, you need:
Only an unsuccessful consolidation and a return to the resistance level of 1.2386 will lead to a resale of the EUR / USD in the support area of 1.2345 with the prospect of reaching the level of 1.2308, where it is recommended to lock in profits. In case of further growth in the euro, it is possible to open short positions after updating the weekly maximum in the area of 1.2412, or on a rebound from 1.2446.
Indicator description:
MA (moving average) 50 days - yellow
MA (moving average) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA
Bollinger Bands 20
