EURUSD
The pair is trading above 1.1280. It’s under pressure due to Italy’s budget crisis and the remaining Brexit issue, despite the reached deal between UK and EU.
The price is below the middle Bollinger band, on the level of SMA 5 and below SMA 14. RSI is above the oversold territory. Stoch aren’t informative.
Trading recommendations:
If the pair passes 1.1280 following the speech of the Fed’s chairman Jerome Powell, it may drop to 1.1215.