16.03.2018
EURUSD
The pair went down to the lower edge of 1.2290–1.2425 range as the interest rates in the US are expected to be raised as per the results of the Fed meeting next week.
The price is below the middle line of the Bollinger bands, above EMA 5, but below EMA 13. RSI is reversing upwards. Stoch are reversing in the oversold zone.
Trading recommendations:
The pair is likely to remain today within the range of 1.2290–1.2425, but if it passes 1.2300, it may go further down to 1.2260.
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