Indicator analysis. Daily review for December 12, 2018 for the EUR / USD pair
December 12, 2018 7:23 am
On Wednesday, it is possible to continue the downward movement with the first target 1.1301 – the historical level of support (blue dashed line).
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – neutral;
– volumes – top;
– candlestick analysis is neutral;
– trend analysis – down;
– Bollinger lines – down;
– weekly schedule – up.
General conclusion:
On Wednesday, it is possible to continue the downward movement with the first target 1.1301 – the historical level of support (blue dashed line). From this level you can work up.
The material has been provided by InstaForex Company – www.instaforex.com
On Wednesday, it is possible to continue the downward movement with the first target 1.1301 – the historical level of support (blue dashed line).
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – down;
– Fibonacci levels – neutral;
– volumes – top;
– candlestick analysis is neutral;
– trend analysis – down;
– Bollinger lines – down;
– weekly schedule – up.
General conclusion:
On Wednesday, it is possible to continue the downward movement with the first target 1.1301 – the historical level of support (blue dashed line). From this level you can work up.
The material has been provided by InstaForex Company – www.instaforex.com
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