Home About the company Daily reviews EURUSD Technical analysis 03.11.17

EURUSD Technical analysis 03.11.17

EURUSD

The pair is trading at the level of 1.1665. If the US data on the number of new workplaces in non-agricultural sector turns out to be positive, USD will receive support, in which case the price may experience a local decline.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above 50% level and moves horizontally. Stoch are reversing downwards.

Trading recommendations:

If the US data turns out to be positive, the pair may fall down to 1.1550.

Author: admin
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