26.09.2017
EURUSD
The pair dropped below the support level of 1.1870 following Mario Draghi's yesterday statement that European economy still needs significant stimulation.
The price is below the middle Bollinger band, on the level of SMA 5, but below SMA 14. RSI is above the oversold zone. Stoch are leaving the oversold territory.
Trading recommendations:
If the pair keeps below the level of 1.1870, it's likely to go further down to 1.1745.
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