Indicator analysis. Daily review for January 16, 2019 for the EUR / USD pair

Trend analysis (Fig. 1).

On Wednesday, the price will move down. The first lower target 1.1383 is a lower fractal and then a rolling level of 61.8%.

eurusd-d1-instaforex-companies-group.png

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

- Bollinger lines - down;

- weekly schedule - up.

General conclusion:

The price will move down on Wednesday. The first lower target 1.1383 is a lower fractal and then a rolling level of 61.8% (yellow dashed line).

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