FX.co ★ berta.hill | EUR/USD

EURUSD pair M30: 1 - Yesterday there was a forecast for a sell entry point in Euro from the level 1.14018; the price broke through this level but failed to consolidate below it. 2 - Speaking about the situation with the bands, the price is moving along the upper band, and both bands are opening outward. This keeps the signal for price growth valid, and we can only watch whether this signal will develop further or not. 3 - The AO indicator has approached the zero mark; if we see a crossover above zero soon and active growth in the positive area, we will get a stronger signal for price increase. A new acceleration in the negative zone will give a signal for price decline. 4 - A buy entry point in this situation can be considered from the level 1.14248; if the price breaks and consolidates, growth can be expected up to the levels 1.14248 and 1.14353. 5 - Sell orders in the current conditions can be placed at the level 1.13771; if the price breaks and consolidates, the decline may continue to the levels 1.13555 and 1.13416.