21.05.2018
EURUSD
The pair has breached a strong support level of 1.765 against the background of Euro’s apparent weakness and a truce in the trade war between US and China.
The price is below the lower line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is entering the oversold zone. Stochastic oscillators are also there.
Trading recommendations:
The pair is likely to go down to 1.1660.
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