On the the pair is testing the of 1292.00. The indicator "Bollinger Bands" is moving sideways, while the price range significantly expanded, indicating a continuation of the current trend. Histogram is near zero line, its volumes start to grow, forming a weak buy signal. is approaching to the border of the overbought area.
On the 4-hour chart the pair is trading in the upper . Indicator’s lines are moving upwards, while the price range has increased, pointing to the preservation of the current trend. The histogram is close to its peak in the positive zone, its volumes continue to grow, maintaining a buy signal. is close to the oversold area.
Support levels: 1241.11, 1245.96, 1256.80, 1261.81, 1267.31, 1271.84, 1282.68, 1288.21.
Resistance Levels: 1296.51, 1303.20, 1308.02, 1313.91, 1318.99, 1328.36.
Long positions can be opened at the level of 1300.00 with the targets at 1308.00, 1311.20 and stop loss at the level of 1293.00. Implementation period – 1 day.
Short positions should be opened at the current price with the targets of 1286.50, 1278.70 and stop loss at the level of 1296.55. Implementation period – 1-2 days.