EURUSD
The pair met resistance on the level of 1.1190 against the background of the weak economic statistics data from Germany and France. If the price doesn’t pass this level, it may resume falling.
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is crossing the level of 50% while moving downwards. Stoch are again reversing within the overbought territory.
Trading recommendations:
If the pair remains below 1.1190, sell it with a local target of 1.1100.