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

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