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Weekly review for the currency pair EUR / USD from January 14 to 19, 2018

Trend analysis (Fig. 1).

When moving up, the first upper target is 1.1514, the level of 50% (the yellow dotted line).

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Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- 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 the weekly chart: the price of the week is likely to have an upward trend with the presence of the first lower shadow of the weekly white candle (Monday is down) and the absence of the second upper shadow (Friday is up).

When moving up, the first upper target is 1.1514, the rollback level of 50% (yellow dotted line).

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