Home About the company Daily reviews Technical analysis 08.06.18

Technical analysis 08.06.18

08.06.2018

Market Review

EURUSD

The pair is trading below 1.1800 against the background of profit taking by investors following the growth before the Fed and the ECB meetings next week.

The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is moving down. Stoch are also falling.

Trading recommendations:

The pair has the potential of a local fall to 1.1700–20.

Author: admin
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