FX.co ★ Indicator analysis. Daily review on November 11, 2019, for the EUR / USD currency pair.

Trend analysis (Fig. 1).

On Monday, the market may begin to slide backward, with the target of 1.1041 - a retracement level of 14.6% (blue dashed line). If this level is reached, it is possible to continue the upper pullback to 1.1057 - a pullback level of 23.6% (blue dashed line).

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - down;

- Bollinger Lines - up;

- Weekly schedule - down.

General conclusion:

On Monday, upward movement is possible.

The upper target 1.1041 is a retracement level of 14.6% (blue dashed line). If this level is reached, it is possible to continue the upper pullback to 1.1057 - a pullback level of 23.6% (blue dashed line).

An unlikely scenario is the continuation of the downward movement with the target of 1.0995 - a retracement level of 61.6% (red dashed line).