07.11.2017
EURUSD
The pair is trading lower as the prospects of the Fed and the ECB monetary policies diverge.
The pair is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is moving down, now below 50% level. Stoch are reversing downwards.
Trading recommendations:
If the pair falls below 1.1585, it’s highly likely to go further down to 1.1550 and then to 1.1500.
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