02.07.2019
EURUSD
The pair is trading above 1.1280. It may correct upwards to 1.1315, but then reverse and resume falling due to the expected softer monetary policies by the ECB.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is below the level of 50% and is rising. Stoch are intersecting in the oversold territory.
Trading recommendations:
Sell the pair as it’s growing from approximately 1.1315 with a possible target of 1.1230 or after it drops below 1.1280.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
