The movement in today's Asian session indicates that there is no major resistance on the way of the pair's growth. The opening of the European session above the WCZ 1/2 1.2488-1.2467 will allow you to search for a buy pattern. The closing of today's trading above the WCZ 1/2 will confirm the change in the direction of medium-term trade to an upward one.
Work in the upward direction can become the main one for the entire current week, since the goal is the WCZ 1.2726-1.2683.
Closing trades below the Friday low will be required in order to form an alternative downward pattern. If this happens, you will need to enter the sale. The probability of pulling down the pair to last week's low is below 25%, which makes this model secondary, and so sales from current levels are unprofitable.
Daily CZ - daily control zone. The area formed by important data from the futures market, which changes several times a year.
Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which changes several times a year.
Monthly CZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.
