EURUSD pair is consolidating above the level of 1.0825 in anticipation of the publication of data index of economic sentiment from the ZEW and conditions for Germany and the euro zone. If the figures will be not higher than expected, especially in Germany, it will put pressure on the pair EURUSD.
EURUSD price is below the midline indicator Bollinger, at SMA 5 and below SMA 14. RSI RSI is above zone pereprodannosti and moves horizontally. Stoch below 50% and uninformative.
Recommendations for the EURUSD trading:
We consider it possible to sell EURUSD pair after crossing the price level of 1.0825 with likely targets 1.0800 and 1.0785
Analytics Grand Capital
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