28.09.2015
EURUSD
The pair continues to range between 1.1100 and 1.1295. It is possible that it may rise up to 1.1295 due to oversold conditions. We assume that it is better to sell the pair on the rise when this level is reached.
The price is lower than the middle Bollinger band and lower than SMA 5 and SMA 14. RSI index is lower than 50% level and signals that the price may go up. Stoch is in oversold zone.
Trading recommendations: Sell the pair while it is rising from 1.1290 with local target of 1.1000-10.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
