01.08.2016
EURUSD
The pair has reached a local maximum of 1.1195, but most probably it can fall to 1.1020 prior to the publication of the US employment data later this week, remaining in the 1.1020-1.1185 range.
The price is higher than the middle Bollinger band, lower than SMA5 but higher than SMA14. RSI index is trying to leane the overbought zone. Stoch are signaling to sell.
Trading recommendations: Sell the pair, keeping in mind that it can fall to 1.1020.
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