EUR / USD
Senior timeframes
Players to increase, despite the number of attempts, until they could not organize and leave the consolidation zone first. At the moment, the initiative belongs to players on the downside, whose desire to leave the consolidation zone can be realized in case of successful consolidation in the monthly cloud (1.2226) and in the bear zone relative to the day cloud (Senkou Span B 1.2235). The further value in the process of reduction can have the support of the weekly cross, the next levels are located at 1.2172 (Fibo Kijun) and 1.2054 (Kijun).
H4-H1
At the moment, the main advantages on the side of players to fall. The objectives of the lower half are worked out, the benchmarks for continuing the decline are the support levels of the older timeframes - 1.2172 and 1.2054. The most important now is the resistance zone of 1.2226-35. For players on the downside, it is desirable to keep their location below these levels. Further, the most important is a fairly wide resistance zone, which combines all the main levels of the analyzed time intervals of 1.2300-64. It is this zone that allows the formation and development of a long (several months) consolidation. Returning to the consolidation center will fail the current players' attempt to downgrade from the zone of attraction and consolidation.
