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EURUSD technical analysis 27.12.17

EURUSD

The pair will most probably remain within the 1.1840 - 1.1885 range, but there is a chance it will rise locally amid the speculative buying on the thin market. 

The price is higher than the upper Bollinger band, higher than SMA 5 and SMA 14. RSI resides above the 50% level and moving horizontally. Stoch are turning upwards.

Trading recommendations: 

Most probably, the pair will be trading "flat" within 1.1840-1.1885 today, but if it breaches the resistance level, it may rise up to 1.1925.

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