Weekly review for the pair EUR / USD from March 11 to 16, 2019

Trend analysis (Fig. 1).

This week, the price will move up with the first goal - the resistance line 1.1380 (red bold line).

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Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - up;

- Candlestick analysis is neutral;

- Trend analysis - up;

- Bollinger lines - up;

- Monthly schedule - down.

Conclusion of the complex analysis - upward movement.

The total result of the calculation of the EUR / USD currency pair candle on a weekly schedule: the price of the week is likely to have an upward trend with the presence of the first lower shadow of the weekly white candle (Monday - down) and the absence of the second upper shadow (Friday - up).

When moving down, the first upper target is the resistance line 1.1380 (red bold line).

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

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