years on the market

Technical analysis EURUSD 15.10.2019

The pair is trading above 1.1000 as investors wait for the resolution of Brexit, while the US-China trade talks continue to progress.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the level of 50% and begins to test this mark. Stoch are below the 50% level and declining.

Trading recommendations:

A break below the level of 1.0000 will cause a local drop to 1.0950.

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