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Expert In



Weekly review from April 29 to May 4, 2019 for the EUR / USD pair

This week, the price will move up with the first goal of 1.1189 - a rolling level of 23.6% (yellow dotted line).


Fig. 2 (weekly schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - down;

- monthly schedule - down.

Conclusion of the complex analysis - upward movement.

The total result of the calculation of the EUR / USD currency pair candle on a weekly schedule:

When moving up, the first target 1.1189 is a recoil level of 23.6% (yellow dotted line).

The material has been provided by InstaForex Company -