25.07.2018
EURUSD
The pair is trading within the range of 1.1635–1.1745 as the trade war between the US and China escalates and the results of the ECB Thursday monetary policy meeting are expected to be revealed.
The price is on the middle Bollinger band, above SMA 5, but below SMA 14. RSI is on the level of 50% and is moving horizontally. Stoch aren’t informative.
Trading recommendations:
Sell the pair at its growth from 1.1745 with a possible target of 1.1635.
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