Pair EURUSD H4: 1 - Euro on the 4-hour chart is trying to form a new breakout towards the upper band. To get a quality signal for price growth, it is worth waiting for an active touch of the upper band, and then evaluate whether the bands will expand outward or there will be no reaction. Speaking of fractals, new closer fractals up and down have formed, which are now acting as targets for price growth and decline. Breaking through and consolidating above the nearest fractal upwards will allow the price to move towards the fractal from April 17 at the level of 1.18488. Breaking through and consolidating below the nearest fractal downwards will give the price the opportunity to reach the fractal from May 5 at the level of 1.16752.
2 - The AO indicator has started to show fading in the positive area, but to get a quality signal for price decline, it is worth waiting for a more active fading towards the zero level. If in the next 1-2 trading days we see active acceleration in the positive zone, we will get a stronger signal for price growth.
