To open long positions for EUR / USD, you need:
Buyers worked out the morning support level for a false breakout at 1.1570 and climbed above 1.1607, retaining an upward momentum. I paid attention to this in the morning forecast. While the trade is above the level of 1.1600, the demand for the euro will continue, which could lead to the renewal of resistance 1.1694, where I recommend fixing the profits. If the EUR / USD falls in the afternoon under the level of 1.1600, it's best to go back to the rebound from 1.1566 to buy.
To open short positions for EUR / USD, you need:
The return to the support level of 1.1600 will lead to the closure of a number of long positions in the euro and its reduction to the area of the morning support 1.1566, where I recommend fixing the profits. If the euro continues to grow in the second half of the day, you can immediately sell at a rebound from the level of 1.1649.
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
