EURUSD Technical analysis 19.12.17

EURUSD

The pair is within the range, where it will probably remain until the end of the current pre-Christmas week.

The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the level of 50%. Stoch are moving downwards.

Trading recommendations:

While moving within the existing range, the pair may go up to 1.1840 today. Sell the pair from this level with a local target of 1.1735.