26.06.2020
The pair is in a narrow range of 1.3500-1.3665. It’s likely to decline today amid rising oil prices and improving market sentiment, which is reflected in increased demand for risky assets.
Technical side:
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is below the 50% level and indicates a weakening of the price growth. Stoch are declining.
Trading recommendations:
Expect further decline to 1.3500.
The UASCAD rate online: monitor the movement of the pair in real time.
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