16.02.2018
EURUSD
The pair is growing as the US Congress passed 300 billion dollars increase in the federal deficit, which resulted in yet another weakening of the USD.
The price is at the upper line of the borders of Bollinger bands, above EMA 5 and EMA 13. RSI is in the overbought zone. Stochastic oscillators are entering the overbought territory.
Trading recommendations:
The pair may correct to 1.2515. If it remains above this mark, it may continue to grow up to 1.2600–10.
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