Pair EURUSD H4: 1 - On the 4-hour chart, the Euro has started to pull back towards the central area of the bands after moving along the lower band. To get a quality signal for a price drop, it is worth waiting for a new active touch of the lower band, and then evaluate whether the bands will expand outward or if there will be no reaction. Speaking of fractals, the price broke the nearest fractal downwards, but ultimately failed to settle below it. To have something to rely on for a price drop, it is worth waiting for the appearance of a new closer fractal. Additionally, a new closer fractal has formed upwards, which now acts as the target for price growth. Its breakout and consolidation above it will open the way towards the fractal from March 25 at the level of 1.16294.
2 - The Awesome Oscillator indicator is actively increasing in the negative zone, it is still unclear when the first peak will form, indicating that the price drop may continue further. To get a quality signal for price growth, it is worth waiting for active fading towards the zero level.
