16.09.2016
EURUSD
The pair keeps consolidating while the Fed is yet to announce its monetary policy decision. In all likelihood, the movement will continue within a narrow band.
The price is below the middle Bollinger band, lower than SMA 5 and SMA 14. RSI is declining below 50% level. Stoch are falling.
Trading recommendations:
Sell the pair only at the breakout of 1.1215 level with its probable falling down to 1.1170 level due to USA consumer inflation positive figures.
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