The pair is in a narrow range of 1.3500-1.3665. It’s likely to decline today amid rising oil prices and improving market sentiment, which is reflected in increased demand for risky assets.
Technical side:
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI …
The stock is trading in the range of the lower border of the ascending (green line) price channel and the upper border of the internal (red line) price channel. Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy while an ascending 1-2-3 pattern if forming, where the first wave breaks …
Don't have your language?
