14.09.2020
The pair is consolidating below 1.1850. It may rise amid increased demand for risk assets, as it may be stimulated by the results of the Fed’s monetary policy meeting to be held this week.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and is moving horizontally. Stoch also turns upwards.
EURUSD rate online: monitor the price movement in real time.
Trading recommendations:
Buy the pair when it goes above 1.1850 with a likely further increase to 1.1900.
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