Indicator analysis. Daily review March 26, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Tuesday, the price may continue to move down. The first lower target 1.1281 is the pullback level of 61.8% (yellow dotted line). In case of a breakdown of this level, there will be further movement downwards with testing of the support line (blue bold line).

h2hdiJEpa5K6_u5PxbsNpfFYaNRMmlghyIr8lnuI

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Tuesday, the price may continue to move down. The first lower target 1.1281 is the pullback level of 61.8% (yellow dotted line). In case of a breakdown of this level, there will be further movement downwards with testing of the support line (blue bold line).

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

Comments