05.04.2019
EURUSD
The pair is moving within a very narrow range in anticipation of the new employment data in the US which may cause dramatic swings in the price, though limited to the existing range.
The price is above the middle Bollinger band, on the level of SMA 5 and SMA 14. RSI is passing the level of 50% and is rising. Stoch are also growing.
Trading recommendations:
Weak employment data will lead to the pair growing to 1.1285 after passing 1.1245. Strong data will pressure the pair and it may drop to 1.1175.
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