EURUSD
The pair is consolidating below 1.1240. It may continue falling if today’s PMI data in eurozone indicates decline again.
The price is below the middle Bollinger band, above SMA 5 and SMA 14. RSI is below the level of 50% and indicates weaker growth. Stoch are rising.
Trading recommendations:
Sell the pair following the weak eurozone data with a possible target of 1.1185.