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EURUSD technical analysis 15.09.2020


The pair corrected down after reaching 1.1900. It will continue to grow as the Fed is expected to continue with the soft monetary policy.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and is growing slightly. Stoch are not informative.

EURUSD rate online: monitor the price movement in real time.

Trading recommendations:

Buy the pair when it goes down, approximately, from the level of 1.1865 with a likely later growth to 1.1915.

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