years on the market

Technical Analysis 04.03.2019

EURUSD

The pair remains within a narrow range due to the expected growth slowdown of the EU economy and Brexit.

The price is below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is on the level of 50%. Stoch aren’t informative.



Trading recommendations:
If the pair remains below the level of 1.1370, it may, while preserving the overall flat dynamics, move down to 1.1320.

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