14.11.2019
The pair is trading below 1.1000 due the pause in the Fed's interest rate cut and the expectated continuation of the very soft monetary policy of the ECB. The revival of monthly consumer inflation in the States was also a motivator for the decline.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is located above the oversold zone and moves horizontally. Stoch decline.
Trading recommendations:
Sell the pair with local targets of 1.0965 and 1.0940.
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