EURUSD Technical Analysis 13.02.2017

EURUSD

The pair is trading lower than 1.0650 level. It says under pressure amid ECB's decision to not change the monetary policy in the near future. Another negative influence is caused by the possibility of eurosceptics coming to power in France. 

The price is lower than the middle Bollinger band, lower than SMA5 and SMA14. RIS resides under 50% level and moving horizontally. Stoch signal a downside turn.

Trading recommendations: The pair will probably correct to 1.0650. But if the level is not breached, there is a possibility of its fall to 1.0600 and then to 1.0575.