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20.04.201813:39 Forex Analysis & Reviews: Trading plan for the US session on April 20 EUR / USD

Long-term review

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To open long positions for EUR / USD, you need:

As expected, the bears continued to put pressure on the euro, now buyers should count on a false breakout at 1.2290, or at a fastening above 1.2315, where in the afternoon the pair can quickly return to the area of morning resistance 1.2351. If the euro falls below 1.2290, you can go back to the rebound from 1.2264.

To open short positions for EUR / USD, you need:

Failure to secure and return to resistance level of 1.2315 will be a direct signal to further euro sales with a breakthrough support level of 1.2290, which will lead to a larger sale of the euro to the area of 1.2264 and 1.2217. In the case of growth above 1.2315 in the afternoon, it is possible to open short positions in the euro for a rebound from 1.2351.

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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