22.03.2017
EURUSD
The pair has reached a local maximum after the first pre-electoral debates in France, where, as reported by the media, the victory went to Macron. However, the pair may correct if there are no positive news for Macron today.
The price is higher than the middle Bollinger band, lower than SMA5, but higher than SMA14. RSI resides under the overbought zone and moving horizontally. Stoch have turned downwards.
Trading recommendations:
If the price falls lower than 1.0780, it can lead to further fall to 1.90725.
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