28.07.2017
EURUSD
The pair is above the support level of 1.1665. The market is expecting the release of preliminary data on the United States GDP for the second quarter. If the data at least lives up to the prediction of 2.6%, it may result in a local support for the USD.
The pair is above the middle Bollinger band, above SMA 4 and SMA 14. RIS is above 50% level and is rising. Stoch have reversed upwards.
Trading recommendations:
If the pair passes 1.1665 mark, it may lead to the pair's local correction down to 1.1595.
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