EURUSD technical analysis 10.02.2017

EURUSD

The pair is trading higher than 1.0650 level. It stays under pressure amid ECB announcement that the monetary policy will not be changed this year and also because of concerns caused by the possibility of Eurosceptics taking the power. 

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides under 50% level and moving horizontally. Stoch reside inside the oversold zone. 

Trading recommendations:
The pair will probably stay within the 1.0650-1.0700 range, but if it falls lower than 1.0650 level, there is a possibility of further fall to 1.0625 and 1.0600.