To open long positions on EUR / USD pair, you need:

Buyers failed to stay above the support of 1.1396 in the morning, which led to renewed pressure on the euro. You can count on long positions on the rebound from the large support of 1.1358, however, the main task will be to return and fix above the resistance of 1.1396, which will lead to a larger upward correction to the maximum of this week in the area of 1.1439, where I recommend taking profits.

To open short positions on EURUSD you need:

As long as trading is conducted below 1.1396, the pressure on the euro will continue. The absence of important fundamental statistics may save the bear market, which will lead EUR/USD to the area of 1.1358 minimum, where I recommend taking profits. If the euro rises above 1.1396, short positions can be opened immediately to rebound from a maximum of 1.1439.

Indicator signals:

Moving averages

Trade has moved to the area of 30- and 50-day averages, which indicates the lateral nature of the market.

Bollinger bands

Video forecast for December 26

Description of indicators

MA (moving average) 50 days - yellow

MA (moving average) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA 9

Bollinger Bands 20