Grand Capital - Analytics

    Grand Capital

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    EURUSD Technical analysis 04.04.2016


    The pair is lower than the 1.1400 resistance level and is testing 1.1270 support level. Breaching of the support level can make the pair fall and return to the flat tendency.

     The price is higher than the middle Bollinger band, lower than SMA5 and SMA14. RSI has left the oversold zone and signals to Buy. Stoch are non-informative.

    Trading recommendations: Sell the pair after 1.1370 level is breached with local target of 1.1280 and considering the possibility of further fall to 1.1150.

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