daily schedule: The couple remains within the upper envelope of the Bolinger (1.0164-1.0319). The trend potential of ADX is reduced, so fluctuations inside the range can continue relatively chaotic.
Four -hour EUR/USD schedule. Yesterday, the currency couple tried to exit the range formed between levels (2/8) and (4/8). The price was able to stay above this mark, but today we see how the price returns to the level again (4/8).
the pressure on the euro begins to gradually increase, which leads to subsidence of the course. It was previously noted that in the emerging wave picture, probably, the formation of a descending impulse, or rather its waves of III, is going on.
Four -hour EUR/USD schedule. Last week, the situation on the schedule has not fundamentally changed. The currency pair continues to be consolidated in a horizontal channel with borders at levels (2/8) and (4/8).