years on the market

Technical overview 13.04.18

EURUSD

The price is still trading flat due to the weak eurozone data and the tense geopolitical situation.

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 growing.

Trading recommendations:

The price is likely to remain within the range of 1.2315–1.1395, but if it breaches the mark of 1.2315, the price may fall down to 1.2255.

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