FX.co ★ Indicator analysis: Daily review on December 19, 2019, on EUR / USD currency pair

Trend analysis (Fig. 1).

On Thursday, the price may begin to move up with the first target 1.1146 which is a pullback level of 50.0% presented in a blue dashed line. If this level is reached, there is a continuation of work upwards with the target of 1.1176 which is the upper fractal.

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - neutral;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

On Thursday, an upward trend is possible.

The unlikely scenario is from the historical resistance level of 1.1128 presented in a blue dashed line, the price goes down to the lower target 1.1092 which is a pullback level of 50.0% presented in a red dashed line.