29.05.2017
EURUSD
The pair keeps gradually decreasing amid the possible US interest rate increase during the meeting on 13-14 June. It also reacts to the technical signal — the divergence between oscillators and the price.
The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides under the 50% level and falling. Stoch are entering the oversold zone.
Trading recommendations:
Sell the pair, considering a possible fall to 1.1100, and then to 1.1020.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
