15.09.2016
EURUSD
The pair’s current position is based on expectations that the consumer inflation level in Eurozone will remain low and the promising figures in USA will increase the likelihood of the Fed raising the interest rates next week.
The price is lower than middle Bollinger band, lower than SМА 5 and SMA 14. RSI is falling. Stoch have also turned downward.
Trading recommendations:
Sell the pair on the breakout of 1.1215 level, anticipating its decline down to 1.1165 level due to the promising figures in the US.
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