05.03.2018
EURUSD
The pair is testing the level of 1.2275 as the profitability of the US government bonds rises, while the market expects the Fed to raise the rates.
The price is above the middle line of the borders of Bollinger bands, below EMA 5, but above EMA 13. RSI has reversed downwards and is testing the level of 50%. Stochastic oscillators are falling.
Trading recommendations:
If the price falls below 1.2275, it may go further down to 1.2150.
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