22.07.2020
The pair rose following the EU economic recovery deal, as well as due to the weaker dollar amid the growing demand for risk assets.
Technical side:
The price is above the middle the Bollinger band, above SMA 5 and SMA 14. RSI is located in the overbought zone and moves horizontally. Stoch are also entered this zone.
EURUSD rate online: monitor the price movement in real time.
Trading recommendations:
Expect the pair to resume its growth to 1.1600 after a correction to 1.1480.
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