years on the market

Technical analysis 27.11.18

EURUSD

The pair is trading above 1.1325 as investors await the G20 summit and the Brexit vote in the British Parliament. It’s likely to remain within the range of 1.1245–1.1460.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is below the level of 50% and is slowly moving down. Stoch aren’t informative.

Trading recommendations:

If the pair passes the level of 1.1325, it may drop to 1.1265.

Other reviews

Choose your language