12.12.2018
EURUSD
The pair is consolidating above 1.1310 amid the ongoing Brexit crisis, but today it may be put under pressure if the US consumer inflation data turn out to be higher than predicted.
The price is below the middle Bollinger band, on the level of SMA 5, but below SMA 14. RSI is below the level of 50% and is moving down. Stoch aren’t informative.
Trading recommendations:
If the US data are favorable, and the pair goes below 1.1310, a local fall to 1.1260 will be possible.
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