To open long positions for EUR / USD, you need:
Consider new euro purchases best after fixing at the resistance level of 1.2242, from which the upward correction will lead to the renewal of the area of 1.2265 and 1.2286. Otherwise, the formation of a false breakout in the area of support 1.2217 will also allow us to count on the growth of the euro in the afternoon. Purchasing for a rebound is best done in the area of 1.2190.
To open short positions for EUR / USD, you need:
While the trade is below the level of 1.2242, the pressure on the euro will continue. The formation of a false breakout in this range and a return to this level will be a new signal to increase short positions in the euro with the purpose of updating the level of 1.2217 and reaching 1.2190, where I recommend fixing the profit. In the case of growth above 1.2242, sales can be returned after the test area of 1.2265.
Indicators
MA (average sliding) 50 days - yellow
MA (average sliding) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA
Bollinger Bands 20
