Our pair was reflected from the level of 1.1745 and headed down. The recently published indices from the EU do not provide specific conclusions and are multidirectional. Today a meeting of the EU finance ministers will take place, during which we expect a surge of activity on the market.
At the moment our technical indicators are pointing at a sale. Moreover, the price is in the middle of the Bollinger Bands and we expect that it will reach the lower limit.
Therefore, we advise you to look for points to enter short positions, expecting the strengthening of the reserve currency and reaching the lower limit of the Bollinger Band by the price.
