01.06.2018
EURUSD
The pair is consolidating above the level of 1.1665. The markets are waiting for the US employment data to be released. If it’s better than predicted, it will support the USD rate.
The price is above the middle line of the borders of Bollinger bands, below EMA 5, but above EMA 13. RSI is moving horizontally above the level of 50%. Stochastic oscillators aren’t informative.
Trading recommendations:
If the price goes below 1.1665, it will be likely to go further down to 1.1515.
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