22.12.2017
EURUSD
The pair is trading down following the victory of pro-independence candidates in recent Catalan parliament election. This event is likely to continue having a downward effect on the single currency.
The price is above the middle line of Bollinger bands’ borders, below EMA 5 and EMA 13. RSI is above 50% zone. Stochastic oscillators are not informative.
Trading recommendations:
If the pair falls below the mark of 1.1840, it may go further down to 1.1800.
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