03.10.2017
EURUSD
The events in Catalonia are having a negative impact on the European currency. It's safe to assume that if the political tensity escalates euro will remain under pressure.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone. Stoch are already there.
Trading recommendations:
The pair has dropped below its previous minimum point of 1.1715, which will lead to its going down to 1.1655 and then possibly to 1.1600.
Author: Semyon Kamensky.
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