EURUSD pair H4: 1 - On the 4-hour chart, the euro has pulled back into the central area of the bands after active movement along the upper band. To get a quality signal for a price increase, it is worth waiting for an active touch of the upper band and then assessing whether the bands will open outward or there will be no reaction. Speaking of the situation with fractals, new closer fractals up and down have formed, which now act as targets for price growth and decline. A breakout and consolidation below the nearest downward fractal will allow the price to move towards the fractal from August 13 at the level of 1.15106. A breakout and consolidation above the nearest upward fractal will give the price an opportunity to reach the fractal from June 16 at the level of 1.16190.
2 - The AO indicator is fading in the positive area, which gives a signal for a price decline. If in the next 1–2 trading days we see a crossover through zero and active growth in the negative zone, we will get a stronger signal for a price decline. A new acceleration in the positive zone will give a signal for a rise in quotes.
