Trend analysis (Fig. 1).

On Friday, the downward trend is expected with the first goal – the support line 1.1300 (blue thin line).

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – neutral;

– volumes – down;

– candlestick analysis – down;

– trend analysis – down;

– Bollinger lines – down;

– weekly schedule – up.

General conclusion:

On Friday, a downward trend is expected with the first goal – the support line 1.1300 (blue thin line).

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

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