Advantage of buyers

07.04.2021

Daily chart: the euro is consolidating above the middle Bollinger band, which opens the upper envelope for the bulls, up to 1.2010. Therefore, if nothing radically changes, you can consider buying towards this goal.

Н4: the local ADX maintains the trend potential, which also speaks in favor of the further development of the upward wave in the direction of 1.2010. Control local resistance – 1.1891 (upper Bollinger band).

Н1: the range of possible consolidation before the growth is 1.1856-1.1899 (upper Bollinger envelope). Therefore, it will be possible to consider the impulse to 1.2000 immediately after the buyers overcome the level of 1.1900.

Conclusions: growth in the direction of 1.2010.
Trading decisions: purchases to 1.2010.