EURUSD
The pair is trading above 1.1415. It’s supported by the USD’s local weakness following the publication of unimpressive US employment data last Friday.
The pair is trading above the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the overbought territory and is indicating weaker growth. Stoch are enternig the overbought zone.
Trading recommendations:
If the negative attitude towards the USD remains, and the pair takes hold above 1.1415, it may continue local growth up to 1.1500.