27.05.2019
EURUSD
The pair remains within the range of 1.1120–1.1260 against the backdrop of the uncertainty surrounding the US-China trade dispute. It’s likely to remain within this range for some time.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the oversold territory and is moving horizontally. Stoch are returning to the overbought zone.
Trading recommendations:
If the pair takes hold above 1.1200, it will still have a chance for a local growth to 1.1260.
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