05.03.2019
EURUSD
The pair is under pressure due to two main factors: slowdown of the EU economic growth and anticipation of Brexit.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is moving down. Stoch indicate weaker growth.
Trading recommendations:
If the pair goes below 1.1320, it may continue falling to 1.1250.
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