The pair is declining amid lower market tensions, large-scale stimulus measures from central banks, weaker dollar and rising oil prices.
The price is testing the middle Bollinger band, below SMA 5 and SMA 14. Moving Averages are intersecting, suggesting to sell. RSI is declining. Stoch have entered the oversold zone.
Trading recommendations:
The price is below 1.4415. The pair has the potential for a local drop to 1.4150