Trend analysis (Fig. 1).

On Tuesday, a downward movement is possible with a technique with the first goal 1.1307 – a historical support level (blue dashed line).

eurusd-d1-instaforex-companies-group-2.p

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – neutral;

– volumes – down;

– candlestick analysis is neutral;

– trend analysis – up;

– Bollinger lines – up;

– weekly schedule – up.

General conclusion:

On Tuesday, a downward movement is possible with a technique with the first goal 1.1307 – a historical support level (blue dashed line).

The material has been provided by InstaForex Company – www.instaforex.com

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