23.03.2020
The pair consolidates in the range of 1.0655–1.0775 amid the massive economic stimulus measures by the ECB and the Fed, which do not allow it to take a definitive direction.
The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is below the 50% level and is turning down. Stoch are growing.
Trading recommendations:
If the price does not go above 1.0775, it may turn around towards 1.0550.
EURUSD online: monitor the movement of the pair in real time.
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