11.03.2019
EURUSD
The pair is above 1.1225, while remaining under pressure following the ECB’s decision to resume the TLTRO economic stimulus measures. The bank practically stated the fact of growing concern over the start of the recession in the eurozone, which is dragging the Euro downwards.
The price is below the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the level of 50% and is growing. Stoch is reversing downwards.
Trading recommendations:
If the pair goes below 1.1225, I may continue down to 1.1160.
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