30.01.2018
EURUSD
The pair is trading below the mark of 1.2385 as the release of the important economic statistics data in Germany and the eurozone is expected, as well as the upcoming Donald Trump’s speech in the US.
The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is below the level of 50% and is moving down. Stochastic oscillators indicate a pause in growth.
Trading recommendations:
If the price doesn’t go above the level of 1.2385, it’s likely to continue falling down to 1.2290.
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