EURUSD pair M30: 1 - Yesterday for the Euro there was a forecast for a sell entry point from the 1.13555 level; the price broke through this level but failed to consolidate below it.
2 - Speaking about the situation with the bands, the price is moving along the upper band, and both bands are opening outward. This keeps the signal for price growth valid, and we should just watch whether this signal develops further or not.
3 - The AO indicator is increasing in the positive area; for now it’s unclear when the first peak will form, and this supports the idea that the price rise may continue further. To get a quality signal for a price decline, it’s worth waiting for a cross through zero and active growth in the negative zone.
4 - In this situation, a buy entry point can be placed at the 1.14018 level; if the price actively breaks and consolidates above it, we can expect growth to the 1.14248 and 1.14353 levels.
5 - Under current conditions, sells can be considered from the 1.13771 level; if the price breaks and consolidates below, a decline can be expected to the 1.13555 and 1.13416 marks.
