03.07.2019
EURUSD
The pair is trading above 1.1280. It’s expected to resume falling due to the likelihood of new, extended economic stimulus measures by the ECB.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is moving horizontally. Stoch indicate weaker growth.
Trading recommendations:
Sell the pair after it goes below the level of 1.1280 with a possible target of 1.1240.
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