Pair EURUSD M5: 1 - On the 5-minute chart, the Euro is trying to develop a movement along the upper band. To receive a high-quality signal for price growth, it is worth waiting for an active touch of the upper band, and then assess whether the bands will expand outward or if there will be no reaction.
2 - The Awesome Oscillator indicator is fading in the positive area. If we see a crossover through zero and active growth in the negative zone soon, we will get a stronger signal for price decline. Conversely, a new acceleration in the positive zone will signal an increase in quotes.
3 - In this situation, the entry point for buying can be placed at the level of 1.15413. Price growth after a breakthrough and consolidation can be expected up to the level of 1.15548.
4 - In the current conditions, selling can be considered from the level of 1.15172. If there is an active breakthrough and consolidation, the price drop may continue to the level of 1.15010.
