20.03.2018
EURUSD
The pair is consolidating within the range of 1.2270–1.2380 after this Monday’s local growth following the deal between the UK and the EU on the terms for Brexit transition period. The pair is likely to remain within this range today.
The price is above the middle line of the borders of Bollinger bands, above EMA 5 and EMA 13. RSI is above the level of 50%. Stoch are entering the overbought territory.
Trading recommendations:
While remaining within the existing range, the pair may go down to 1.2270.
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