Good day to all.
General analysis:
Since January 2018, we have seen the movement of EURUSD within the price range: 1.21668 - 1.25382.
Globally we recommend to refrain from trading the instrument in lateral movement.
For day trading
Our trading robot went into a long position, the nearest resistance is 1.23574, it is more conservative to wait until EMA 20 crosses EMA 50
We also see a decrease in volumes, which indicates the impending movement
Especially desperate traders, I recommend placing stops 1.22972, or reading the literature about risk management))
Be patient and think about the deal
General analysis:
Since January 2018, we have seen the movement of EURUSD within the price range: 1.21668 - 1.25382.
Globally we recommend to refrain from trading the instrument in lateral movement.
For day trading
Our trading robot went into a long position, the nearest resistance is 1.23574, it is more conservative to wait until EMA 20 crosses EMA 50
We also see a decrease in volumes, which indicates the impending movement
Especially desperate traders, I recommend placing stops 1.22972, or reading the literature about risk management))
Be patient and think about the deal