26.06.2018
EURUSD
The pair went up yesterday following the statement from the chairman of the Bank of Lithuania indicating that the ECB may start raising the interest rates next September.
The price is above the middle Bollinger band, below SMA 5, but even higher than SMA 14. RSI is reversing below the overbought zone. Stoch are crossing in the overbought zone and are reversing downwards.
Trading recommendations:
There’s a high possibility of the pair correcting up to 1.1630 while remaining below 1.1700.
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