17.05.2017
The pair is trading below 1.3515 level and the correction of oil prices may lead to a local price growth, it also may be supported by the strengthening US dollar strengthening after it being actively sold in the recent days.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below 50% level and moves horizontally. Stoch don’t indicate anything important.
Trading recommendations:
Buy the pair is at its growth after the breach of 1.3615 level with possible targets of 1.3655 and 1.3725.
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