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FX.co ★ Indicator analysis. Daily review for December 12, 2018 for the EUR / USD pair

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Forex Analysis:::2018-12-12T06:38:20

Indicator analysis. Daily review for December 12, 2018 for the EUR / USD pair

On Wednesday, it is possible to continue the downward movement with the first target 1.1301 - the historical level of support (blue dashed line).

 Indicator analysis. Daily review for December 12, 2018 for the EUR / USD pair

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - top;

- candlestick analysis is neutral;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Wednesday, it is possible to continue the downward movement with the first target 1.1301 - the historical level of support (blue dashed line). From this level you can work up.

Analyst InstaForex
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