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Monday, March 25, 2019

Indicator analysis. Daily review for March 25, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Monday, the price may continue to move down. The first lower target 1.1281 is the pullback level of 61.8% (yellow dotted line). In the case of a breakdown of this level, there will be a further downward movement with testing of the support line.

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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 - up.

General conclusion:

On Monday, the price may continue to move down. The first lower target 1.1281 is the pullback level of 61.8% (yellow dotted line). In the case of a breakdown of this level, there will be further downward movement with testing of the support line.

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

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