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FX.co ★ Weekly review of the pair EUR / USD from February 4 to 9, 2019

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Forex Analysis:::2019-02-04T06:19:00

Weekly review of the pair EUR / USD from February 4 to 9, 2019

Trend analysis (Fig. 1).

When moving up the first upper target of 1.1569 is the upper fractal.

Weekly review of the pair EUR / USD from February 4 to 9, 2019

Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - up;

- Candlestick analysis is neutral;

- Trend analysis - down;

- Bollinger lines - down;

- Monthly schedule - up.

The conclusion of the complex analysis - upward movement.

The total result of the calculation of the candle of the EUR / USD currency pair on a weekly schedule: the price of the week is likely. It will have an upward trend with the absence of the first lower shadow at the weekly white candle (Monday - up) and the absence of the second upper shadow (Friday - up).

When moving up, the first upper target of 1.1569 is the upper fractal.

Analyst InstaForex
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