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EURUSD Technical Analysis 12.09.2016

EURUSD

The pair is forming a triangle pattern with possible exit up or down depending on the results of the Fed meeting where interest rates are to be discussed (20-21st of September).

The price is higher than then upper Bollinger band, right on the SMA5 and higher SMA14. RSI is rising, but still in a flate. Stoch are rising.
 

Trading recommendations: Buy the pair while it is rising, starting from levels 1.1300-10 with its probable decline to the lower border of the 1.1150-1.1310 range. 

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