21.09.2020
The pair is trading in the range of 1.1750–1.1915. The pair may resume growth if the ECB head Christine Lagarde offers an optimistic outlook in her speech.
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 are also above the 50% and are turning up.
EURUSD rate online: monitor the price movement in real time.
Trading recommendations:
Buy the pair locally if it holds above 1.1855 with a likely growth to 1.1915.
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