30.10.2017
EURUSD
The pair is trading above 1.1600 mark. It's still under pressure following the results of the ECB meeting on monetary policy. The pair may correct upwards, but in all likelihood, it will continue falling.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is moving downwards and is in the oversold zone. Stoch demonstrate weakening growth.
Trading recommendations:
If the pair falls below 1.1685 mark, it's likely to go further down to 1.1550 and then to 1.1500.
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