EURUSD
The pair is consolidating at 1.0900 level while the US economic statistics data is expected to be published. Strong data on the growth of durable goods orders can cause a local decline of the pair.
The price is above the middle Bollinger band, lower than SMA 5 and higher than SMA 14. RSI is testing 50% level upwards. Stoch keep falling.
Trading recommendations:
It’s safe to assume that the good US figures will encourage the pair to fall below 1.0900 level with a likely target of 1.0855 and then, possibly, 1.0825.