To open long positions for EUR / USD, you need:
The situation in the first half of the day has not changed. We consider buying best after forming a false breakout at 1.1591, which could lead to the growth and renewal of the resistance levels of 1.1647 and 1.1686, where I recommend fixing the profits. In the event of a further decline in EUR / USD, long positions in the afternoon can be opened immediately to a rebound from 1.1538.
To open short positions for EUR / USD, you need:
The short positions in the European currency are best considered after the formation of a false breakdown at 1.1647, or immediately at a rebound from 1.1686. The main task of sellers for the second half of the day will be consolidation below the support of 1.1591, which will lead to a new wave of sales with a test of a minimum of 1.1538, where I recommend fixing the profits.
Description of indicators
MA (average sliding) 50 days - yellow
MA (average sliding) 30 days - green
MACD: fast EMA 12, slow EMA 26, SMA
Bollinger Bands 20
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