Pair: EURUSD D1: 1 - Euro buyers were active yesterday but failed to hold their positions in the end. Let's see if they can develop upward movement today. Assessing the situation based on the bands, the price retraced to the central area of the bands after moving along the lower band. To get a quality signal for a price drop, it is worth waiting for an active touch of the lower band, and then evaluate whether the bands will expand outward or not. Speaking of fractals, the target for a price drop is the nearest fractal down, its breakout and consolidation will allow the price to continue towards the fractal from March 27 at the level of 1.07314. The nearest fractal up is far from the current price value, and to have something to rely on for a price increase, it is worth waiting for the formation of a closer fractal. 2 - The Awesome Oscillator crossed the zero level. If we see more active acceleration in the negative zone in the next 3-4 trading days, we will get a stronger signal for the Euro decline. A reverse crossing through zero and active growth in the positive zone will signal a price increase.
