Daily: the ascending wave stalled in the zone of local pivot 1.2600-1.2607. The potential of ADX has decreased, so multidirectional price fluctuations are possible within today’s session.
Н4: the local trading range is limited by the size of the Bollinger bands (1.2571-1.2664). The current phase is ascending, so the bulls have a priority to work up to 1.2664.
Н1: intraday support/resistance levels 1.2571-1.2639. We consider the tactics of trading from the borders of this corridor.
Results: Fluctuations in the range of 1.2571-1.2639.
Recommendations: Trading in the corridor 1.2571-1.2639.