To open long positions for EUR / USD, you need:
In the first half of the day, the false breakdown and return to the support level of 1.1950 will be a good signal for the opening of long positions in euros, calculated on the correction to the resistance area of 1.2006, above which it was impossible to climb yesterday. Only the consolidation at this level 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 1.1900 and 1.1866.
To open short positions for EUR / USD, you need:
A rush and consolidation below the support level of 1.1950 will lead to a new wave of sales of the European currency with a test of new monthly lows around 1.1900 and 1.1866, where I recommend fixing the profits. In the case of euro growth in the first half of the day, a false breakdown from 1.2006 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 9
Bollinger Bands 20
