06.03.2019
EURUSD
The pair is consolidating above 1.1290 in anticipation of ADP employment report in the US, Brexit updates and the eurozone statistics.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is nearing the oversold territory and indicates weaker decline. Stoch are still moving down.
Trading recommendations:
If the pair drops below 1.1290, it may continue falling to 1.1250.
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