EURUSD
The pair is trading above the level of 1.1715. It’s supported by the decreased geopolitical risks and by the investors hoping that the Eurozone consumer inflation data indicates growth,
The price is on the upper Bollinger band, above SMA 5 and SMA 14.RSI is above the level of 50% and is growing. Stoch are reversing above the overbought zone.
Trading recommendations:
If the level of 1.1715 is breached, there would be a possibility of a local growth up to 1.1780.