EURUSD – Pre-holiday flat

30.12.2021

Daily: The currency pair continues to trade within the range of Bollinger bands (1.1251-1.1361) and is in a downward phase, despite the relatively strong movements yesterday.

Н4: In this timeframe, the Bollinger envelope (1.1288) is a support, from which a rebound upwards to prices 1.1337-1.1349 is likely.

Н1: The lower Bollinger band (1.1300) also has every chance of becoming a growth factor from the indicated level.

Conclusions: Side in the corridor 1.1288-1.1337.

Solutions: Trading within the day within 1.1288-1.1337.