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Wednesday, March 13, 2019

Indicator analysis. Daily review for March 13, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Wednesday, the price can roll back down (the last three candles are white and fit into the body of the last black candle - a very strong signal down the candlestick analysis). The first lower target 1.1267 is a pullback level of 23.6% (yellow dotted line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Wednesday, the price can roll back down (the last three candles are white and fit into the body of the last black candle - a very strong signal down the candlestick analysis). The first lower target 1.1267 is a pullback level of 23.6% (yellow dotted line).

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

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