Technical analysis 19.08.2019

EURUSD

The pair is trading below the level of 1.1100 in anticipation of the publication of data on consumer inflation in the Euro zone, and on account of the upcoming speech of the Fed head John Powell's at an economic Symposium later this week.

The price is below the middle Bollinger band, above the SMA 5, but below the SMA 14.RSI is trying to grow. Stoch is also growing.

Trading recommendations: 
If the pair will manage to rise above the level of 1.1100, the expected resumption of its drop to 1.1025.