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To open long positions for EUR / USD, you need:
Consider new euro purchases best after fixing at the resistance level of 1.2211, from which the upward correction will lead to the renewal of the area of 1.2244 and 1.2267. Otherwise, when returning to support level of 1.2211, only the formation of a false breakout in the region of 1.2185 will allow us to count on the growth of the euro in the second half of the day. In the case of a breakthrough of this level, purchases on the rebound are best done in the area of 1.2158.
To open short positions for EUR / USD, you need:
The formation of a false breakout in the area of the resistance level of 1.2211 and a return to this level will be a new signal to increase short positions in the euro with a view to re-descending to the support area of 1.2185 and further reaching the lows in the area of 1.2158. In the case of growth above the level of 1.2211, which is more likely in the second half of the day, the euro can be returned to sales after the test area of 1.2244 and 1.2267.
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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