EURUSD – For today fluctuations in the range

28.12.2021

Daily: There are no signs of a potential trend from both the Bollinger Bands and the ADX indicator. Apparently, the market will remain sideways in the area of ​​the upper band (1.1301-1.1356).

Н4: In this time frame, Bollinger envelopes also indicate a sideways range between 1.1301 and the resistance area 1.1342-1.1356. Although the ADX indicator is active, it is still quite far from the trend zone.

H1: There is a clear preference for lateral movement. We can only note the dynamic support level in the area of ​​the lower Bollinger band (1.1313).

Conclusions: Side between 1.1313-1.1342.

Solutions: Intraday trades between 1.1313-1.1342.