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EURUSD Technical Analysis 04.07.2017

04.07.2017

Market Review

EURUSD

The pair resides lower than the 1.1355 level. Most probably its corrective fall will continue amid the thin market situation due to the Independence day in the United States. 

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI is crossing the 50% level. Stoch are rising.

Trading recommendations:
If the price stays below the 1.1350 level, there is a possibility it will go down to 1.1280 as soon as today.

Author: admin
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