18.04.201801:30 Forex Analysis & Reviews: Trading plan for the US session on April 17 EUR / USD

To open long positions for EURUSD, you need:

The buyers could not climb to new highs and stay there after the bad data for Germany. At the moment, considering new long positions for the euro is best after updating to the support level of 1.2354 and forming a false breakdown there or on rebound from 1.2327. The return and consolidation to 1.2387 will push the euro up to daily highs at around 1.2412, where it is recommended to lock in profits.

To open short positions for EURUSD, you need:

While the trade is below the level of 1.2387, you can bet on the further reduction of the euro with the purpose of updating the support level of 1.2354. Fastening below this range will push the EUR / USD to the area of 1.2327, where it is recommended to lock in profits. In case of a return to the level of 1.2387, selling the euro is best on a rebound from 1.2412.

Indicator description:

MA (moving average) 50 days - yellow

MA (moving average) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20