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Technical analysis 27.06.18

EURUSD

The pair has found support on the level of 1.1630. It will probably experience a local growth following the profit taking, but it will be expected to resume falling afterward.

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the level of 50% and is reversing upwards. Stoch have left the oversold zone.

Trading recommendations:

The pair may go up to 1.1715. Sell it from this level with a possible target of 1.1630.

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