years on the market

Technical analysis 14.08.18

EURUSD

The pair is below 1.1425. It may receive support due to the expected favorable economic statistical data that is to be released today in Germany and the eurozone.

The pair is below the lower Bollinger band, above SMA 5 and SMA 14. RSI is above the oversold zone and is growing. Stoch aren’t informative yet.

Trading recommendations:

If the price passes 1.1425, further local growth up to 1.1515 is possible.

Other reviews

Choose your language