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Indicator analysis. Daily review for December 28, 2018 for the pair EUR / USD

On Friday, after reaching 1.1462 - the resistance line (red bold line), there is a possibility of a downward movement with the first target of 1.1438 - a recoil level of 38.2% (yellow dashed line).

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis is neutral;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Friday, after reaching 1.1462 - the resistance line (red bold line), there is a possibility of a downward movement with the first target of 1.1438 - a recoil level of 38.2% (yellow dashed line).

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