20.07.2018
EURUSD
The pair didn’t pass 1.1670 due to Donald Trump’s expressed dissatisfaction with the USD rate on Thursday and now is trading below this level. The pair is likely to continue its local decline while still trading flat.
The price is below the lower Bollinger band, below SMA 5, but above SMA 14. RSI is below the level of 50% and is moving down. Stoch are reversing downwards.
Trading recommendations:
The price is expected to go down to 1.1550.
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