30.11.2017
EURUSD
The pair is consolidating at the level of 1.1840. If the eurozone inflation data falls short of the expectations while PCE indicator in the US shows positive figures, the price is likely to resume falling. The news of the passing of the new tax law in the US may also put the pair under pressure.
The pair is below the middle Bollinger band, below SMA 5, but above SMA 14. RSI is moving along the line of 50%. Stoch are growing.
Trading recommendations:
If the price falls below 1.1840 mark, it may go further down to 1.1720.
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