28.12.2018
EURUSD
The pair remains within the range of 1.1270–1.1490 due to lower market activity during winter holidays. The pair is likely to remain within this range until the end of the year.
The price is above the Bollinger band, above SMA 5 and SMA 14. RSI is above the overbought territory and indicates weaker growth. Stoch have entered the overbought zone.
Trading recommendations:
There’s still potential for a local growth to 1.1490. Sell the pair at its growth from this point, or after it passes 1.1435 with a possible target of 1.1390.
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