FX.co ★ berta.hill | EUR/USD

I am closely analyzing the situation on the EURUSD currency pair on the 30-minute timeframe using the Bollinger indicator. At the moment, I am paying special attention to the level of 1.15006, and possibly slightly below. I consider this level as the target price for closing a short position. Considering the current situation where selling is most advantageous, it is preferable to open short positions as long as the currency pair remains below the level of 1.15445. A breakout above the 1.15445 mark with subsequent price consolidation currently seems unlikely but not ruled out. However, such a scenario could be a prerequisite for considering full-fledged purchases with a potential target at the level of 1.15885. At the moment, I am sticking to my selling position and carefully monitoring tick volume dynamics, especially in combination with the Bollinger indicator, as these two tools often provide useful insights. Wishing everyone successful trades!