03.04.2017
EURUSD
The pair is consolidating above the important level of 1.0650 prior to the release of another piece of the economic data from the US. The most important data this week is the employment figures.
The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides above the oversold zone and is moving horizontally. Stoch are trying to go down.
Trading recommendations:
If the price falls lower than 1.0650, it will lead to a further fall to 1.0595, the lower border of the short-term upward trend.
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