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Monday, March 11, 2019

Indicator analysis. Daily review for March 11, 2019 for the EUR / USD pair

Trend analysis (Fig. 1).

On Monday, the price may continue its upward movement. The first upper target 1.1270 is the pullback level of 38.2% (blue dashed line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Monday, the price may continue its upward movement. The first upper target 1.1270 is the pullback level of 38.2% (blue dashed line).

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

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