08.02.2019
EURUSD
The pair is trading above 1.1330 due to concerns over the possible recession in Europe, which may force the ECB to resume the economic stimulus measures.
The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is on the level of oversold zone and is moving horizontally. Stoch are reversing downwards.
Trading recommendations:
If the pair goes below 1.1350, it may drop to 1.1290.
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