EURUSD
The pair is consolidating within a very narrow range before the start of trading in Europe. The results of the G20 meeting is in the focus of the market’s attention. The pair is expected to continue moving within the range today.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the level of 50% and is moving horizontally. Stoch aren’t informative.
Trading recommendations:
The pair is expected to remain within the range of 1.1340–1.1460 today.