05.07.2019
EURUSD
The pair is falling in anticipation of the US employment data. It’s likely to remain under pressure if the number of new jobs exceeds the predicted 160,000.
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 are reversing downwards.
Trading recommendations:
Sell the pair with a possible target of 1.1245.
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