25.08.2017
EURUSD
The pair is trading in the range of 1.1685-1.1825. It is expected to come under pressure as the result of Mario Draghi's Jackson Hole speech that is likely to articulate ECB's concern regarding the Euro's strong growth.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is passing 50% level downwards. Stoch have reversed downwards.
Trading recommendations:
Today the pair may correct downwards to 1.1685 and then even further down to 1.1600.
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