FX.co ★ Indicator analysis. Daily review March 27, 2019 for the pair EUR/USD

Trend analysis (Fig. 1).

On Wednesday, the price may continue to move down. The first lower target of 1.1241 is the pullback level of 76.4% (yellow dotted line). In case of the breakdown of this level, there will be further downward movement with testing of the support line (blue bold line) which is 1.1224.

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 - down.

General conclusion:

On Wednesday, the price may continue to move down. The first lower target of 1.1241 is the pullback level of 76.4% (yellow dotted line). In case of the breakdown of this level, there will be further downward movement with testing of the support line (blue bold line) which is at 1.1224.