24.01.2020
The pair is trading near the 1.1050 level after unclear signals from the ECB about the beginning of a strategic change in the bank's monetary policy.
The price is below the middle Bollinger band, at SMA 5 and below SMA 14. RSI is located above the oversold zone and moves horizontally. Stoch indicate a weaker decline.
Trading recommendations:
If the price fixes below 1.1050, the pair will continue its decline to 1.0990.
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