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Indicator analysis. Daily review of EUR / USD pair for June 19, 2018

Trend analysis (Figure 1).

Touching the fifth support line gives 70% probability of top work with the first target of 1.1664 - Fibonacci level 14.6% (blue dotted line). After working off the strong news at 8.00 London time. an upward movement is possible, but for now, it will only be at the bottom.

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily chart).

Complex analysis:

- indicator analysis - down;

- Fibonacci levels - neutral;

- volumes - down;

- candle analysis - neutral;

- trend analysis - up;

- Bollinger lines - up;

- Weekly schedule - up.

General conclusion:

On Tuesday, the market will move down with the first goal 1.1566 until 8.00 London time - e support line (white line). Then, it is possible to top.

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