18.04.2018
EURUSD
The pair is consolidating as the eurozone consumer inflation data is expected to be released. If the data indicate that the inflation is still slowing down, it would put the pair under a local pressure.
The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is testing the level of 50%. Stochastic oscillators indicate the weakening of growth,
Trading recommendations:
If the released data is weak, the pair may go down to 1.2315 and then further down to 1.2255.
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