Indicator analysis. Daily review for December 5, 2018 for the EUR / USD pair

Trend analysis (Fig. 1).

On Wednesday, a downward movement is possible with the first target of 1.1301 - the historical support level (blue dashed line).

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - neutral;

- volumes - top;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

On Wednesday, the downward movement reached 1.1301 which is the historical support level (blue dashed line). The top is possible with the first goal of 1.1403 - the upper fractal.

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