11.04.2018
EURUSD
The pair received support due to the increased demand for risk assets, but today it may reverse downwards if the US consumer inflation data is stronger than predicted.
The price is above the middle line of the borders of Bollinger bands, above EMA 5 and EMA 13. RSI is entering the overbought territory. Stochastic oscillators have reversed upwards.
Trading recommendations:
The price may attempt testing the level of 1.2385. If unsuccessful, it may fall to 1.2335 or even further down to 1.2300.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
