17.12.2018
EURUSD
The pair remains within the range of 1.1265–1.1460, in expectation of the Fed’s meeting outcome and the eurozone consumer inflation data. The pair is growing locally due to the reached agreement over the Italian budget.
The price is below the middle Bollinger band, above SMA 5, but still below SMA 14. RSI is below the level of 50% and is slowly growing. Stoch are growing confidently.
Trading recommendations:
If the consumer inflation data in the eurozone indicate its drop, the pair may plummet to 1.1256 after passing 1.1310.
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