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EURUSD technical analysis 20.11.2020


The pair is trading in the range of 1.1815–1.1890 amid the uncertainty, moving in a flat and wobbly trend.

Technical side:

The price is above the middle Bollinger band, above SMA 5 and SMA 14. RSI is above the 50% level and is turning down. Stoch have entered into the overbought territory.

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

Trading recommendations:

Sell the pair with a possible drop to 1.1815.

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