05.04.2018
EURUSD
The pair continues to consolidate against the background of conflicting signals that don’t let it take a definite direction, so it remains within the existing range. The dynamics is likely to remain for the time being.
The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is below the level of 50% and is moving down. Stochastic oscillators have reversed downwards.
Trading recommendations:
If the pair passes 1.2255, it may go down to 1.2200.
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