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Indicator analysis. Daily review for April 23, 2019 for the pair EUR / USD
Trend analysis (Fig. 1).
On Tuesday, the market will continue to move downwards. The first lower target is 1.1238, while the pullback level is 61.8% (blue dashed line).
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 – down.
General conclusion:
On Tuesday, the market will continue to move downwards. The first lower target is 1.1238, while the pullback level is 61.8% (blue dotted line) and further down.
The material has been provided by InstaForex Company – www.instaforex.com
Source:: Indicator analysis. Daily review for April 23, 2019 for the pair EUR / USD