Waiting for a downward reversal

23.02.2021
Daily chart: the trend potential has slightly increased compared to yesterday's trading session, but still remains small. This reduces the probability of a breakout of the upper Bollinger band (1.2186). Respectively, a correction from 1.2186...
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Decline to 1.3947

22.02.2021
Daily chart: the pair is obviously overbought, so a correction of the dollar against the euro may affect this instrument as well. The retracement speed may increase substantially in case of a breakdown of the...
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Daily flat forecast

22.02.2021
Daily chart: the tendency towards a fall in the trend potential of the pair remained after the opening of trading, so the euro will probably consolidate in the area of the middle Bollinger band (1.2087)....
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Bullish potential

19.02.2021
Daily chart: the pair remains in the sideways corridor 1.1995-1.2184. The current phase of the market is upward, which will be facilitated by yesterday's bullish inside bar. This setup allows buying the euro to the...
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The price remains in correction

19.02.2021
An option with the development of the diagonal is still valid. The price is expected to decline after the completion of this pattern, but the correction is far from completion. An upward rebound is expected...
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