29.08.2017
EURUSD
The pair has reached 1.2030 mark. It's likely that it is going to correct downwards before attempting to grow further as the result of being technically overbought.
The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is in the overbought zone. Stoch are also there.
Trading recommendations:
The pair may correct down to 1.1945 level and then resume its growth up to 1.2100.
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