05.09.2019
EURUSD
The pair is consolidating above 1.1015 amid the publication of economic statistics from the US. Positive data would lead to the pair's reversal local decline.
The price is above the middle Bollinger band, at the level of SMA 5 and above SMA 14. RSI is located above the level of 50% and moves horizontally. Stoch unfold down in the overbought zone.
Trading recommendations:
If the pair drops below 1.1015, it should be sold with a likely target of 1.0930.
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