To open long positions for EUR / USD, you need:
The situation has not changed. Buyers made a false break and return to the support level of 1.1980 in the morning. However, there is no big demand for the euro. While the trade is above this level, one can expect a correction to the area of resistance 1.2023, the consolidation of which will lead to a larger upward trend, with the renewal of resistances 1.2062 and 1.2102. In the case of a decline in the euro, purchases can be seen after the support test of 1.1940 and 1.1900.
To open short positions for EUR / USD, you need:
The rush and consolidation below the support level of 1.1980 will lead to a new wave of sales of the European currency with a test of yesterday's low around 1.1940, and a further exit to the support area of 1.1900, where I recommend fixing the profits. If the euro rises in the second half of the day, a false breakout from 1.2023 will also be a signal for sales. Otherwise, I recommend selling only for a rebound from 1.2062.
Description of indicators
MA (average sliding) 50 days - yellow
MA (average sliding) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA
Bollinger Bands 20
