FX.co ★ berta.hill | EUR/USD

Good day. Yesterday, the Euro/Dollar pair failed to develop a bullish sentiment, but today bulls are back in the game. However, it is still unclear whether they will be able to implement their plans, but I consider the northern direction as a more priority option for myself. Especially since the pair is still moving within an expanding triangle, there was a bounce off the lower boundary, so the target is to test the upper one. From a technical standpoint, on the hourly chart, the indicators have once again signaled a buy within the day, but it is not activated yet. The pair is currently at the activation point, and the Bollinger Band has started to expand, so there is a high probability of seeing an upward impulse. On the 4-hour chart, the indicators also fully support the continuation of the upward movement, but here too the buy signal is not yet activated. The pair has just reached the activation point here as well. So, in the near future, we will see if the bulls will succeed in leading the pair in their direction.