FX.co ★ Weekly review for the currency pair EUR / USD from February 11 to 16, 2019

Trend analysis (Fig. 1).

When moving down, the first lower target of 1.1231 is the support line (blue bold line).

Fig. 2 (weekly schedule).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - neutral;

- Volumes - up;

- Candlestick analysis is neutral;

- Trend analysis - down;

- Bollinger lines - down;

- Monthly schedule - down.

The conclusion on a comprehensive analysis - the downward movement.

The total result of the calculation of the EUR / USD currency pair candle on a weekly schedule: the price of the week is likely to have a downward trend with the absence of the first upper shadow from the weekly black candle (Monday - down) and the absence of the second lower shadow (Friday - down).

When moving down, the first lower target of 1.1231 is the support line (blue bold line).