03.08.2018
EURUSD
The pair remains within the range of 1.1580–1.1745, but is likely to resume falling today after the release of strong employment and average wage data from the US if they don’t turn out to be worse than predicted.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is on the line of the oversold zone. Stoch are in the oversold territory.
Trading recommendations:
If the price moves below 1.1580 following the news from the US, it may go further down to 1.1500.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
