27.03.2019
EURUSD
The pair is trading above 1.1250, while still under pressure due to the expected recession in Europe, Brexit uncertainty and overall decreasing demand for risk assets.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold territory and indicates a slower decline. Stoch are already there and aren’t informative.
Trading recommendations:
Sell the pair after it goes below 1.1250 with a possible target of 1.1185.
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