26.04.2017
EURUSD
The pair is traded higher than 1.0920 level. It could still rise up to 1.1000, but it should be sold on the rise because of a strongly overbought state and a pause before the second tour of the presidential elections in France.
The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI resides in the overbought zone and moving horizontally. Stoch also reside in the zone.
Trading recommendations:
Sell the pair from the level 1.1000 or a fall lower 1.0920 with a probable target of 1.0800-15.
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