EURUSD D1: 1 - Sellers of the Euro managed to end the day yesterday in their favor, but this morning buyers are trying to resume growth. Let's see what they can achieve. Looking at the Bollinger Bands, the price retraced even deeper into the central area of the bands, and the bands themselves started to curl inwards. Movement from here can continue in any direction, and to get a quality signal for price increase or decrease, it is worth waiting for an active touch of one of the bands, and then assess whether the bands will expand outward or there will be no reaction. In terms of fractals, the nearest fractals up and down are quite far from the current price level, so to have something to rely on promptly for either price increase or decrease, it is advisable to wait for the formation of new, closer fractals up and down. 2 - The Awesome Oscillator indicator continues to fade in the positive territory, maintaining the signal for price decrease. A more active movement towards the zero level will provide a stronger signal for a decrease in quotes. Conversely, a new acceleration in the positive zone will signal a rise in the Euro.
