16.12.2016
EURUSD
The pair is locally oversold and prior to trying to continue falling it can correct upwards amid the pre-Christmas profit-taking.
The price is lower than the middle Bollinger band, higher than SMA5, but lower than SMA14. RSI is leaving the oversold zone. Stoch are aiming upwards.
Trading recommendations: The pair can rise up to 1.0500 if the 1.0450 level is breached.
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