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Technical Analysis 18.03.2019

EURUSD

The pair jumped above 1.1325 due to expectations that the Fed meeting will confirm the lack of intention of hiking interest rates this year.

The price is above the upper Bollinger band, above SMA 5 and SMA 14. RSI is below the overbought territory and is growing. Stoch have reversed upwards.

Trading recommendations:

If the pair remains above 1.1335, it may continue growing to 1.1400.

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