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EUR/USD Indicator analysis – January 24, 2019
On Wednesday, as expected, the was moved up.
Trend analysis (Fig. 1).
On Thursday, up to % rates, the price will move down in the side channel. The first lower target 1.1346 is the support line (red thin line).
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – up;
– volumes – down;
– candlestick analysis – up;
– trend analysis – up;
– Bollinger lines – down;
– weekly schedule – up.
General conclusion:
On Thursday, up to% rates, the price will move down in the side channel. The first lower target 1.1346 is the support line (red thin line).
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review for January 24, 2019 for the pair EUR / USD