30.08.2017
EURUSD
The pair is correcting as it's strongly technically overbought. Another key factor is the expectation of the results of the ECB monetary policy meeting on September 7th.
The price is above the middle Bollinger band, below SMA 5 and SMA 14. RSI is moving downwards. Stoch are also going down.
Trading recommendations:
The pair may correct to 1.1880 level or even to 1.1865 after it goes below 1.1950 mark.
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