22.12.2015
EURUSD
The pair is testing 1.0920 resistance level. If it is to be breached due to the weak data on the US GDP rate, the pair can go up.
The price is on the upper Bollinger band, higher than SMA5 and SMA14. RSI is higher than 50% level and is trying to rise. Stoch reside right under the overbought zone and non-informative.
Trading recommendations: Buy if the pair passes 1.0920 level with local target of 1.1050.
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