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EURUSD Technical analysis 15.04.2016

EURUSD

The pair is breaching the support level while expecting the american economy data which is to be published later today.

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RSI resides on the oversold line. Stoch turned downwards.

Trading recommendations: Sell the pair when 1.1250 level is breached minding a possible fall to 1.1150.

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