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EURUSD technical analysis 15.09.2020

EURUSD

The pair corrected down after reaching 1.1900. It will continue to grow as the Fed is expected to continue with the soft monetary policy.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and is growing slightly. Stoch are not informative.

EURUSD rate online: monitor the price movement in real time.

Trading recommendations:

Buy the pair when it goes down, approximately, from the level of 1.1865 with a likely later growth to 1.1915.

Author: admin
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