Trend analysis (Fig. 1)

On Monday, the price may roll back down, with the first goal of 1.1279 – a pullback level of 23.6% (yellow dotted line).

eurusd-w1-instaforex-group-2.png

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – down;

– volumes – down;

– candle analysis – top;

– trend analysis – up;

– Bollinger lines – up;

– weekly schedule – up.

General conclusion:

On Monday, the price may roll back down, with the first goal of 1.1279 – a pullback level of 23.6% (yellow dotted line).

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

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