FX.co ★ Indicator analysis. Daily review on August 15, 2019 for the EUR / USD currency pair

Trend analysis (Fig. 1).

On Thursday, the downward movement may continue to the support level - 1.1101 (blue bold line). However, this will happen after lunch, and before lunch - rollback. You can work down from retracement level of 23.6% - 1.1160 (yellow dashed line).

Fig. 1 (daily chart).

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 Thursday, the downward movement may continue to the support level - 1.1101 (blue bold line). However, this will happen after lunch, and before lunch - rollback. You can work down from retracement level of 23.6% - 1.1160 (yellow dashed line).