25.10.2019
The pair is trading above 1.1100 ahead of the EU summit on Brexit. If decision is positive, it may rise to 1.1120, but in the future it is likely to resume the drop.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is below 50% and rising. Stoch also demonstrates this in the oversold zone.
Trading recommendations:
Sell the pair with local targets of 1.1100 and 1.1070, if it doesn't rise above the level of 1.1120.
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