years on the market

EURUSD Technical Analysis 28.09.2016

EURUSD

The pair is trading higher than the 1.1200 level, consolidating is a flat amid the overall weakness of the US dollar and Euro.
 
The price is lower than the middle Bollinger band, lower than SMA5 and SMA 14. RSI resides lower than the 50% level and fallilng. Stoch are turning downwards.

Trading recommendations: Sell the pair with probable target of 1.1125 once the 1.1200 level is breached and fixed lower.

Other reviews

Choose your language