15.01.2020
The pair is trading below 1.1140 in anticipation of the new US-China trade deal to be signed today. This event, as well as the ambiguous US consumer inflation data published on Tuesday, will lead to a local growth of the pair.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. Moving Averages suggest buying. RSI is located above the 50% level and moves horizontally. Stoch are growing.
Trading recommendations:
If the price goes above 1.1140, it will proceed further to 1.1200.
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