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FX.co ★ Indicator analysis. Daily review on November 5, 2019, on the EUR / USD currency pair.

Indicator analysis. Daily review on November 5, 2019, on the EUR / USD currency pair.

Trend analysis (Fig. 1).

On Tuesday, the main lower target is the support line 1.1122 (black thin line). From this level there is a good opportunity to work up with the target 1.1177 - the upper fractal.

 Indicator analysis. Daily review on November 5, 2019, on the EUR / USD currency pair.

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

On Tuesday, an upward movement is possible.

From the support line 1.1122 (black thin line), work up with the target 1.1177 is the upper fractal.

An unlikely scenario is to break down the support line 1.1122 (black thin line) and move down with the target 1.1091 - support line (red bold 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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