01.02.2018
EURUSD
The pair is trading within the range of 1.2360–1.2500. It’s likely to remain there until the release of the employment data in the US.
The price is above the middle line of the borders of Bollinger bands, below EMA 5, but above EMA 13. RSI is above the level of 50% and is moving horizontally. Stochastic oscillators aren’t informative.
Trading recommendations:
The pair is most likely to consolidate within the said range today.
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