19.05.2017
EURUSD
The pair is trading at the 1.1110 level. If the price falls lower, it can cause its local fall amid the rise in the expectations of the US interest rate increase in June.
The price is higher than the middle Bollinger band, lower than SMA5, but higher than SMA14. RSI is moving horizontally. Stoch are rising.
Trading recommendations:
Sell the pair if it falls lower than 1.1180 with a probable target of 1.1020 and a perspective of its further fall to 1.0850 and 1.0775.
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