years on the market

Technical Analysis 25.02.2019

EURUSD

The pair is trading within a narrow range before tomorrow’s speeches of Theresa May and Jerome Powell. The price is expected to remain within the existing 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 are growing.

Trading recommendations:

Sell the pair at its growth from the upper edge of the range 1.1370 with a possible target of 1.1320.


 

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