years on the market

EURUSD Technical Analysis 20.09.2016

EURUSD

The pair is receiving support amid investors' belief that the Fed will not increase the interest rates. The price is trading inside the 1.1130-1.1215 range awaiting the Fed meeting.

The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI is passing 50% level. Stoch are turning upwards.
 

Trading recommendations: Buy the pair when 1.1215 level is breached considering a possible rise up to 1.1275.

Other reviews

Choose your language