31.10.2016
EURUSD
Friday's growth was followed by decline today upon the closure of a number of long positions after the publication of strong preliminary data on the 3rd quarter US GDP.
The price is higher than the middle Bollinger band, lower than SMA5, but higher than SMA 14. RSI has lowered. Stoch are turning downwards.
Trading recommendations: If the price falls lower than 1.0960, it can cause its further fall to 1.0885 and possibly to 1.0850-55.
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