Trading Plan for EUR/USD for May 17, 2018

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Technical outlook:
The daily chart view has been again presented here in continuation with the discussion yesterday. EUR/USD dropped lower as expected, but a bit more than the 1.1790 levels before recovering sharply. The daily chart has produced a doji candlestick pattern, suggesting a potential change in the trend for a while.

Bitcoin analysis for 14.05.2018

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The Reserve Bank of India (RBI) has banned banks and other financial institutions from facilitating cryptocurrency transactions in the country. In response to this coalition consisting of four platforms for the exchange of cryptocurrencies and other startups, the regulator filed a petition in court, questioning the RBI directive. The decision of the Supreme Court will be considered on May 17.

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