FX.co ★ Trading plan for the US session on May 15 EUR / USD

To open long positions for EURUSD, you need:

The bears are trying to gain a foothold below the support level of 1.1894, so all the hope of European currency buyers is now only on a false break of this range, with a return to it in the afternoon and an update of highs to around 1.1935. In the event of a further decline in the euro, support will be provided by the area of 1.1856, but in the absence of volume at this level, it is best to take a long look at the long positions after updating the support level of 1.1825.

To open short positions for EURUSD, you need:

The consolidation below the level of 1.1894 opens a direct road to sellers of the euro to a support area of 1.1856, and then to the lows of the month in the area of 1.1825, where it is recommended to lock in profits. If the EUR / USD returns to the level of 1.1894 in the afternoon, opening short positions is best on a rebound from 1.1935.

Description of indicators

MA (moving average) 50 days - yellow

MA (moving average) 30 days - green

MACD: fast EMA 12, slow EMA 26, SMA

Bollinger Bands 20