31.08.2018
EURUSD
While trading above the 1.1650 level, the pair remains under pressure caused by the risk of Turkey debt crisis spreading to Europe.
The price is lower than the middle Bollinger band, higher than SMA 5 but lower than SMA 14. RSI resides below the 50% level and moving horizontally. Stoch signal a possible upward turn.
Trading recommendations:
If the price falls below the 1.1650 level, it may cause the further decline to 1.1600.
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