Indicator analysis. Daily review for May 14, 2019 for the EUR / USD pair

Trend analysis (Fig. 1).

Today, the upward movement with the target of 1.1264 is the upper fractal. In case of a breakthrough, a further upward movement with the target of 1.1275 is a pullback level of 76.4% (yellow dashed line).

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – up;

– Fibonacci levels – up;

– volumes – up;

– candlestick analysis is neutral;

– trend analysis – up;

– Bollinger lines – up;

– weekly schedule – up.

General conclusion:

Today, the upward movement with the target of 1.1264 is the upper fractal. In case of a breakthrough, a further upward movement with the target of 1.1275 is a pullback level of 76.4% (yellow dashed line).

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