18.09.2020
The pair remains in a narrow range of 1.1750–1.1915. The pair is supported by the positive German PPI release.
Technical side:
The price is above the middle Bollinger band, above SMA 5 and SMA 14. Moving Averages intersect and suggest buying. RSI is above the 50% level and growing. Stoch are in the overbought zone and uninformative.
EURUSD rate online: monitor the price movement in real time.
Trading recommendations:
Buy the pair locally after it rises above 1.1860 with likely further growth to 1.1915.
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