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Indicator analysis. Daily review for EUR / USD pair on November 30, 2018
November 30, 2018 12:25 pmVideo
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Trend analysis (Fig. 1).
On Friday, it is possible to continue the upward movement, if only the price overcomes the 1.1393 recoil level of 61.8% (yellow dotted line). Otherwise, there will be a downward recoil.
Fig. 1 (daily schedule).
Comprehensive analysis:
– indicator analysis – up;
– Fibonacci levels – up;
– volumes – up;
– candlestick analysis – up;
– trend analysis – up;
– Bollinger lines – up;
– weekly schedule – up.
General conclusion:
On Friday, it is possible to continue the upward movement with the first goal of 1.1393 at the recoil level of 61.8% (yellow dotted line). When you break through this level, you can try to continue working upward. Otherwise, there will be a downward recoil from this level.
The material has been provided by InstaForex Company – www.instaforex.com
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