Indicator analysis. Daily review of EUR/USD on March 19, 2020

Trend analysis (Fig. 1).

Today, from the support line 1.0879 (red bold line) the price will attempt to rollback up with the target at 1.0966, a pullback level of 23.6% (red dashed line). If this level is reached, the continuation of work upward is with the next target 1.1068, a retracement level of 38.2.% (Red dashed line).

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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:

Today, from the support line 1.0879 (red bold line) the price will try to roll back up with the target at 1.0966, a pullback level of 23.6% (red dashed line). If this level is reached, the continuation of the upward movement is with the next target 1.1068, a retracement level of 38.2.% (Red dashed line).

An unlikely scenario: from a pullback level of 23.6% - 1.0966 (red dashed line), work down with the target at support line 1.0803 (blue bold line).

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