This week, the price will move up with the first goal of 1.1189 - a rolling level of 23.6% (yellow dotted line).
Fig. 2 (weekly schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - down;
- trend analysis - up;
- Bollinger lines - down;
- monthly schedule - down.
Conclusion of the complex analysis - upward movement.
The total result of the calculation of the EUR / USD currency pair candle on a weekly schedule:
When moving up, the first target 1.1189 is a recoil level of 23.6% (yellow dotted line).
The material has been provided by InstaForex Company - www.instaforex.com