years on the market

EURUSD Technical Analysis 22.08.2016

EURUSD

The pair has corrected downside awaiting for a positive performance for the US dollar by J. Yellen in Jackson Hole this Friday.

The price is lower than the middle Bollinger band, lower than SMA 5 and SMA 14. RSI resides lower than 50% level. Stoch are falling. 

Trading recommendations: 
Sell the pair with its possible drop to 1.1200. 

Other reviews

Choose your language