22.08.2017
EURUSD
The pair is reversing downwards while remaining in the range of 1.1685-1.1830. It's under pressure as the ECB is no longer expected to decide this September to stop stimulating the eurozone economy in 2018.
The price is above the middle Bollinger band, below SMA, but still above SMA 14. RSI has reversed downwards. Stoch are leaving the overbought zone.
Trading recommendations:
If the price passes 1.1780 level, it may drop further down to 1.1685.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
