11.12.2017
EURUSD
The pair is still under pressure as the Fed is expected to raise the rates, while the ECB doesn’t announce a change in its monetary policy. The price may resume its growth after a small correction upwards.
The price is below the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the level of 50% and is moving horizontally. Stoch are entering the overbought zone.
Trading recommendations:
If the pair doesn’t rise go above the mark of 1.1785, it’s possible to resume its falling down to 1.1700.
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