27.09.2017
EURUSD
The pair is testing 1.1755 mark as the euro is weakened due to political reasons emerged after the election in Germany. Another factor is the likelihood of ECB deciding not to change their monetary policy.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is in the oversold zone. Stoch are reversing downwards.
Trading recommendations:
In case of a breakout of 1.1755 mark, the pair is likely to go further down to 1.1660.
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