EURUSD
The pair is trading above the level of 1.2450 against the background of the USD sell-off and a high degree of uncertainty on the markets as the US government bonds profitability is growing.
The price is at the upper line of the borders of Bollinger bands, above EMA 5 and EMA 13. RSI is on the overbought level. Stochastic oscillators are in the overbought zone.
Trading recommendations:
If the pair goes below the mark of 1.2450, it’s likely to fall further down to 1.2360.