08.11.2017
EURUSD
The pair is trading at 1.1615 level. The market is waiting for new signals regarding Donald Trump’s planned tax reform, and also for the new statistics from the US. Considering the general outlook, the pair is likely to continue falling.
The price is below the middle Bollinger band, above SMA 5 and SMA 14. RSI is above 50% level and moves horizontally. Stoch are growing.
Trading recommendations:
Sell the pair at the growth from 1.1615 with possible targets of 1.1550 and 1.1475.
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