18.05.2018
EURUSD
The pair is trading within the existing range as the US Treasury bonds yield is expected to grow, which would support the USD rate.
The price is below the middle line of the borders of Bollinger bands, avoce EMA 5 and EMA 13. RSI is moving horizontally. Stochastic oscillators are reversing upwards.
Trading recommendations:
Sell the pair right after it’s gone below 1.1765 with a possible further decline to 1.1700. At the same time, if it goes above 1.1835, the price may start testing the level of 1.1900.
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