Grand Capital - Analytics

    Grand Capital

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    EURUSD Technical analysis 01.04.2016


    The pair is lower than 1.1400 resistance level. If the US employment data is better than expected, the price can fall amid the profit-taking.

    The price is higher than the middle Bollinger band, higher than SMA5 and SMA14. RSI index resides in the overbought zone. Stoch turned downwards.

    Trading recommendations: Sell the pair on the wake of the strong US employment data with an approximate target of 1.1150.

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