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FX.co ★ Indicator analysis. Daily review on September 25, 2019 for the EUR / USD currency pair

Indicator analysis. Daily review on September 25, 2019 for the EUR / USD currency pair

Trend analysis (Fig. 1).

On Wednesday, a downward movement is possible with the target of 1.0970 - a pullback level of 76.4% (red dashed line), but for this, the price should overcome a strong pullback level of 61.8% - 1,0997 (red dashed line). Work down, after completing the rollback from the level of 1.0997, or place a pending Sell Stop order from the level of 1.0997.

Indicator analysis. Daily review on September 25, 2019 for the EUR / USD currency pair

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - down;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Wednesday, a downward movement is expected.

An unlikely scenario is an upward movement with the first target, with an upward movement of 1.1039 - a resistance line (blue bold 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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