Indicator analysis. Daily review for December 6, 2018 for the EUR / USD pair

Trend analysis (Fig. 1).

On Thursday, a downward movement is possible with the first goal which is channel 1.1301 (lower fractal) - 1.1301 historical support level (blue dashed line). Moreover, breaking this channel down is unlikely.

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Fig. 1 (daily schedule). Comprehensive analysis: - indicator analysis - up; - Fibonacci levels - neutral; - volumes - top; - candlestick analysis is neutral; - trend analysis - up; - Bollinger lines - down; - weekly schedule - up. General conclusion:

On Thursday, a downward movement is possible with the first goal, channel 1.1301 (lower fractal) - 1.1301 historical support level (blue dashed line). Additionally, breaking this channel down is unlikely.

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