28.06.2018
EURUSD
The pair may correct upwards due to the profit taking and to its being locally technically oversold. Another possible positive factor is the decreased tension on the world markets and the results of the EU summit.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the oversold zone. Soch are leaving the oversold zone.
Trading recommendations:
The pair may go up to 1.1600. Sell the pair from this level with a possible target of 1.1450.
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