14.09.2017
EURUSD
The pair is still under pressure as the positive data on consumer inflation in the US that is expected to be released today. If the data turns out to be better than predicted, it may provide support for the USD.
The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone. Stoch are already there.
Trading recommendations:
If the price falls below 1.1850 level, the pair is likely to go further down to 1.1745.
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