18.10.2017
EURUSD
The pair is under pressure against the background of declining expectations of the ECB significantly changing their monetary policy.
The pair is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is falling and is below 50% level. Stoch are indicating the weakening of growth.
Trading recommendations:
The pair is likely to continue falling further down to 1.1670.
Author: Semyon Kamensky
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