26.01.2018
EURUSD
The pair corrected after the abrupt growth following the results of the ECB meeting, but it’s hard to say whether this correction will continue. Technically, the pair may attempt going up once before resuming correction.
The price is above the middle line of the borders of Bollinger bands, below EMA 5, but above EMA 13. RSI isn’t informative. Stochastic oscillators are moving down.
Trading recommendations:
If the pair remains above the mark of 1.2385, a local growth up to 1.2500 is possible.
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