Indicator analysis. Daily review on May 10, 2019 for the pair EUR / USD
Trend analysis (Fig. 1).
Today, there is an upward movement, with the target of 1.1236 – the resistance line (red bold line), and it is possible to continue the upward movement with the target of 1.1252 – the upper fractal.
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – up;
– Fibonacci levels – up;
– volumes – up;
– candlestick analysis is neutral;
– trend analysis is neutral;
– Bollinger lines – up;
– weekly schedule – up.
General conclusion:
Today, there is an upward movement, with the target of 1.1236 – the resistance line (red bold line), and it is possible to continue the upward movement with the target of 1.1252 – the upper fractal.
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Source:: Indicator analysis. Daily review on May 10, 2019 for the pair EUR / USD