EURUSD
The pair is under pressure as the Fed’s meeting minutes are expecting to be released and the market players doubt that the ECB is going to abandon the economic stimulus measures this September.
The price is below the middle line of the borders of Bollinger bands, below EMA 5 and EMA 13. RSI is below the level of 50%. Stochastic oscillators are reversing downwards.
Trading recommendations:
If the pair goes below 1.2320, it may go further down to 1.2200.