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FX.co ★ Indicator analysis: Daily review for EUR / USD pair on March 5, 2019

Indicator analysis: Daily review for EUR / USD pair on March 5, 2019

Trend analysis (Fig. 1).

Indicator analysis: Daily review for EUR / USD pair on March 5, 2019

On Tuesday, the price may continue to move down with the first lower target of 1.1306, which is the recoiling level of 61.8% (yellow dotted line).

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - up;

- trend analysis - down;

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- Bollinger lines - up;

- weekly schedule - down.

General conclusion:

On Tuesday, the price may continue to move down with the first lower target of 1.1306, which is the recoiling level of 61.8% (yellow dotted line).

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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