20.02.2019
EUSUSD
The pair has met resistance at the level of 1.1355. The anticipation of the publication of the Fed’s monetary policy meeting may put the pair under pressure, while if the document proves positive for the USD, the pair may receive local support.
The price is above the middle Bollinger band, below SMA 5, but still above SMA 14. RSI is above the level of 50% and is reversing downwards. Stoch demonstrate similar dynamics.
Trading recommendations:
Sell the pair with a possible drop to 1.1250.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
