Pair EURUSD M5: 1 - The Euro on the 5-minute chart is moving along the lower band, which remains expanded outward, indicating a signal for price decline. We should simply observe whether this signal will unfold or not.
2 - The Awesome Oscillator is attempting to show growth in the negative zone. However, to receive a stronger signal for price decline, it is advisable to wait for a more active acceleration. If we witness a crossover through zero and active growth in the positive zone soon, we will have a stronger signal for price increase.
3 - In this situation, the entry point for sales can be placed at the level of 1.18504. A price drop with active breakthrough and consolidation can be expected down to the level of 1.18433.
4 - Buying under current conditions can be considered from the level of 1.18542. In case of a breakthrough and consolidation, the price increase may continue up to the level of 1.18723.
