EURUSD
The pair is under pressure against the background of declining expectations of the ECB significantly changing their monetary policy.
The pair is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is falling and is below 50% level. Stoch are indicating the weakening of growth.
Trading recommendations:
The pair is likely to continue falling further down to 1.1670.
Author: Semyon Kamensky