03.07.2020
The pair is consolidating in a narrow range, as a public holiday, Independence Day, is observed in the US. Low market activity is expected today.
Technical side:
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below 50% and is moving horizontally. Stoch are in the oversold territory.
EURUSD rate online: monitor the price movement in real time.
Trading recommendations:
Buy the air when it drops with a target level of 1.1300.
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