Indicator analysis. Daily review for July 8, 2019 for the EUR/USD currency pair

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Trend analysis (Fig. 1).

On Monday, the price may continue the downward trend, with the first target of 1.1180 – the pullback level of 76.4% (yellow 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 Monday, the price may continue the downward trend, with the first target of 1.1180 – the pullback level of 76.4% (yellow dashed line).

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

Source:: Indicator analysis. Daily review for July 8, 2019 for the EUR / USD currency pair

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