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EURUSD Technical outlook and trading ideas 31/10/2019


EURUSD pair is trading below 1.1175 yesterday after an unexpected rise in the wake of the controversial speech by J.. Powell during a press conference after the expected Fed decision on monetary policy. 

Price is on the level of the upper border line indicator Bollinger above SMA SMA 5 and 14. RSI RSI located under pereprodannosti area and moves horizontally. Stoch unfold downwards oversold.




EURUSD recommendations of the Trade: 

If the EURUSD did not rise above the level of 1.1175, it will adjust to the level of 1.1120.



Analytics Grand Capital


Analytical reviews and comments reflect the personal opinion of the authors and are not a recommendation to trade. Special Forex shall not be liable for any damages in case of a vision materials.




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