Indicator analysis. Daily review for March 7, 2019 for the EUR / USD pair

Trend analysis (Fig. 1).

On Thursday, the price may continue to move down. The first lower target 1.1291 is a historical support level (blue dashed line). Day news - are possible options. For a downward movement, you need to break through this level.

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - up;

- weekly schedule - down.

General conclusion:

On Thursday, the price may continue to move down. The first lower target 1.1291 is a historical support level (blue dashed line). Day news - are possible options. For a downward movement, you need to break through this level.

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

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