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FX.co ★ Indicator analysis. Daily review on April 29, 2019 for the pair EUR / USD

Indicator analysis. Daily review on April 29, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Monday, the downward movement will continue, but only after the price tests the resistance line 1.1175 (blue bold line) once again. The first lower target 1.1098 is the target level of 161.8% (yellow dotted line).

Indicator analysis. Daily review on April 29, 2019 for the pair EUR / USD

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - up

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - down.

General conclusion:

On Monday, the downward movement will continue, but only after the price tests the resistance line 1.1175 (blue bold line) once again. The first lower target 1.1098 is the target level of 161.8% (yellow dotted line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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