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Friday, March 1, 2019

Indicator analysis. Daily review on March 01, 2019 for the pair EUR / USD

On Friday, the price may continue its rollback down. The first lower target of 1.1350 is the recoil level of 38.2% (yellow dotted line).

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - down;

- Bollinger lines - up;

- weekly schedule - down.

General conclusion:

On Friday, the price may continue its rollback down. The first lower target of 1.1350 is the recoil level of 38.2% (yellow dotted line).

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

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