Home About the company Daily reviews Technical analysis 21.06.19

Technical analysis 21.06.19

21.06.2019

Market Review

EURUSD

The pair is correcting downwards following the last two days’ strong growth triggered by expected interest rates reduction in the US. The pair is likely to resume growth after a short-term decline.

The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is slowly moving down. Stoch are also falling.

Trading recommendations:

Buy the pair as it’s declining with a possible target of 1.1345.

Author: admin
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