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FX.co ★ Indicator analysis. Daily review on September 17, 2019 for the EUR / USD currency pair

Indicator analysis. Daily review on September 17, 2019 for the EUR / USD currency pair

Trend analysis (Fig. 1).

On Tuesday, it is possible to move up with the target of 1.1038 - a pullback level of 38.2% (red dashed line).

Indicator analysis. Daily review on September 17, 2019 for the EUR / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - neutral;

- trend analysis - down;

- Bollinger Lines - down;

- weekly schedule - up.

General conclusion:

On Tuesday, an upward movement is possible.

The first upper target 1.1038 is a pullback level of 38.2% (red dashed line). An unlikely scenario - after lunch, moving down with the target of 1.0971 - pullback level of 76.4% (blue dashed 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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