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EURUSD technical analysis 25.11.2020

25.11.2020

Market Review

EURUSD

The pair remains in the range of 1.1815–1.1900 due to the conflicting forces that prevent its further growth or drop. The pair will likely rise as the market sentiment improves.

Technical side:

The price is above the middle line of the Bollinger indicator, above SMA 5 and SMA 14. RSI is above the 50% level and moves horizontally. Stoch intersect in the overbought zone.

EURUSD rate online: monitor the pair movement in real time.

Trading recommendations:

Buy the pair after the breakout of the 1.1900 level with a probable growth to 1.1955.

Author: admin
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