23.12.2015
EURUSD
The pair is still higher than 1.0920 level, keeping bearish momentum. The US data, published on Tuesday signal that Fed. may decide no to raise the rates again once again before Spring 2016.
Tha price is on the upper Bollinger band, lower than SMA5, but higher than SMA14. RSI is higher than 50% level, but is falling. Stoch are decreasing as well.
Trading recommendations: Buy the pair if the US Core Durable Goods Orders data is weak with a local target of 1.1050.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
