03.07.2017
EURUSD
The pair is trading higher than 1.1390 level, breaching of which amid the positive economic statistics from the US may lead to the beginning of a more serious corrective price fall.
The price is higher than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides under the overbought zone and falling. Stoch reside on the 50% level and signal to sell.
Trading recommendations:
If the pair falls lower than 1.1390 level, there is a possibility of it falling to 1.1350 amid correction.
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