FX.co ★ Indicator analysis. Daily review on August 22, 2019 on the EUR / USD currency pair

Trend analysis (Fig. 1).

On Thursday, the downward movement may continue to the support level - 1.1066 (blue bold line). After touching the support line - work up to the pullback level of 14.6% - 1.1094 (yellow dashed line).

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - neutral;

- trend analysis - down;

- Bollinger Lines - down;

- weekly schedule - down.

General conclusion:

On Thursday, the downward movement may continue.

An unlikely scenario is a breakdown of the support line 1.1066 (blue bold line) with the target 1.1028, which is the lower fractal.