Indicator analysis. Daily review for February 28, 2019 for the pair EUR / USD

On Thursday, the price may continue to roll back down afterwards. The first lower target of 1.1340 is the recoil level of 38.2% (yellow dotted line).

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Thursday, the price after lunch may continue to roll back down. The first lower target of 1.1340 is the recoil level of 38.2% (yellow dotted line).

The material has been provided by InstaForex Company - www.instaforex.com

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