EURUSD continues to rally amid hopes for an agreement in the EU on the European Economic Recovery Fund. The weakness of the dollar in the wake of demand for risky assets also contributes to an increase in the EURUSD pair.
Technical picture EURUSD: The
price is above the middle line of the Bollinger indicator, below SMA 5, but above SMA 14. The RSI is located below the overbought zone. Stoch come out of this zone.
EURUSD rate online
Trading recommendations EURUSD trading plan:
After reaching a local maximum of 1.1415, the EURUSD pair may correct down to 1.1360 before continuing to grow to 1.1500.
Grand Capital Analytics
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