29.09.2017
EURUSD
The pair is trading above 1.1715 level. It's likely to correct upwards as the results of the US Congress vote on tax reform that's proposed by Donald Trump and the Republican party are yet to become known.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above 50% level and is growing. Stoch are reversing downwards.
Trading recommendations:
The pair may correct to 1.1825 level, but we think it necessary to sell it from this mark with a possible target of 1.1620.
Author: Semyon Kamensky
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