Indicator analysis. Daily review for May 15, 2019 for the EUR / USD pair

Trend analysis (Fig. 1).

Today, the downward movement can continue with the target of 1.1188 – a rolling level of 50% (yellow dashed line). In case of a breakthrough, the further downward movement with the target of 1.1170 is a pullback level of 61.8% (yellow dashed line).

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – down;

– volumes – up;

– candlestick analysis – down;

– trend analysis – down;

– Bollinger lines – down;

– weekly schedule – up.

General conclusion:

Today, the downward movement can continue with the target of 1.1188 – a rolling level of 50% (yellow dashed line). In case of a breakthrough, the further downward movement with the target of 1.1170 is a pullback level of 61.8% (yellow dashed line).

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