Stay 
Trading Conditions
Products
Tools
To open long positions for EUR / USD, you need:
The buyers need to stay above the support level of 1.1382 in the second half of the day, as its breakdown will cross out all plans for further upward correction in euro. The main task will be a breakthrough and consolidation above the level of 1.1431, which will open a good prospect for growth in the area of 1.1482 and 1.1519, where I recommend fixing the profits. In the case of a decline in the euro, purchases can be considered for a rebound from 1.1324 and 1.1251.
To open short positions for EUR / USD, you need:
Considering new short positions on the euro is best after breaking through and consolidating below the support level of 1.1382, the breakdown of which will lead to an immediate sell-off to new lows in the area of 1.1324 and 1.1251, where I recommend fixing the profits. In the case of EUR / USD growth above the resistance level of 1.1431, sales can be considered for a rebound from 1.1482.
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
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
