14.04.2017
EURUSD
The major world financial markets are closed today due to the Good Friday. Hence, we are not expecting any significant changes.
The price is at the middle Bollinger band, lower than SMA5 and SMA14. RSI resides under the 50% level and moving horizontally. Stoch are also in the oversold zone.
Trading recommendations:
It is not advised to open positions today. However we assume that on Monday the pair will remain within the 1.0565-1.0675 range if nothing major happens during the weekend.
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