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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Trading range 105.67-106.04

18.02.2021
Daily chart: the pair did not break the upper border of the Bollinger Bands (106.23), which may cause the market to move into correction. The control zone of support is 105.67-105.87. As soon as it...
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Preparing for further decline

18.02.2021
Daily chart: the pair has shown an intense decline in quotes, which will probably allow the bears to finalize the lower Bollinger band (1.1983). The low trend potential of ADX is noted, which is more...
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Consolidation

17.02.2021
Daily chart: the pair met a resistance at the 106.20 zone. The bullish momentum, with which there was an increase yesterday, remains very large, so the chances of continued growth in quotations also remain. Meanwhile,...
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The falling to 1.20 is expected

17.02.2021
Daily chart: the pair is trading down within the lower Bollinger envelope. Therefore, the prospect of falling euro quotes is the area of 1.2000 (lower Bollinger band). Meanwhile, ADX is decreasing, which may affect the...
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