16.08.2018
EURUSD
The pair is below 1.1365. It’s supported by the relatively lower tension on the market due to the resumed tariff talks between China and the US.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the level of 50% and is indicating weaker growth. Stoch have entered the oversold territory.
Trading recommendations:
If the price passes 1.1365, it may go further down to 1.1300.
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