EUR/USD Indicator analysis – January 24, 2019

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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

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