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Weekly review of the EUR / USD currency pair from December 3 to 7, 2018

Trend analysis (Fig. 1).

When moving up, the first upper target is 1.1473 (upper fractal).

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Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - down;

- Volumes - down;

- Candlestick analysis is neutral;

- Trend analysis - up;

- Bollinger lines - down;

- Monthly schedule - up.

The conclusion of the complex analysis - upward movement.

The total result of the calculation of the EUR / USD currency pair candle on a weekly schedule: the price of the week is likely to have an upward trend with the absence of the first lower shadow for the weekly white candle (Monday is up) and the absence of the second upper shadow (Friday is up).

When moving up, the first upper target is 1.1447 13, medium EMA (yellow thin line).

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