Indicator analysis. Daily review on September 16, 2019 for the EUR / USD currency pair

Trend analysis (Fig. 1).

On Monday, it is possible to continue the upward movement with the target of 1.1111 - the upper fractal.


Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - up;

- trend analysis - up;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Monday, the upward movement will continue.

The first upper target 1.1089 is a pullback level of 50.0.% (yellow dashed line). Upon reaching this level, we should wait for the pullback down and look for the entry point up at the level of 1.1040 - pullback level 38.2% (blue dashed line). The next upper target 1.1127 is the pullback level 61.8% (yellow dashed line).

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