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12.03.2019 09:04 AM
Indicator analysis. Daily review on March 12, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

On Tuesday, the price may continue its upward movement. The first upper target 1.1270 is the pullback level of 38.2% (blue dotted line) and further up to the pullback level of 50% - 1.1299 (blue dotted line).

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - down;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, the price may continue upward movement. The first upper target 1.1270 is the pullback level of 38.2% (blue dotted line) and further up to the pullback level of 50% - 1.1299 (blue dotted line).

Stefan Doll,
Analytical expert of InstaForex
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