EURUSD
The pair is correcting downwards following the last two days’ strong growth triggered by expected interest rates reduction in the US. The pair is likely to resume growth after a short-term decline.
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is slowly moving down. Stoch are also falling.
Trading recommendations:
Buy the pair as it’s declining with a possible target of 1.1345.