To open long positions for EUR / USD, you need:
Today, for euro buyers, the first priority will be returning to the resistance level of 1.1578, consolidation on which will lead to a larger corrective upward wave with the renewal of the area 1.1620, where I recommend fixing the profits. If the pressure on the euro persists in the first half of the day, only the formation of a false breakout at the support level of 1.1532 will be the first signal for purchases. Otherwise, buying the euro is best for a rebound of 1.1482.
To open short positions for EUR / USD, you need:
The formation of a false breakout and a return to the level of 1.1578 or a break with a fix below 1.1532 support will be a good signal for euro sales in order to form a further downtrend and update 1.1482, where I recommend fixing the profits. In the case of growth above 1.1578 in the morning, selling the euro can be on the rebound from 1.1620.
Description of indicators
MA (average sliding) 50 days - yellow
MA (average sliding) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA 9
Bollinger Bands 20
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