FX.co ★ Indicator analysis. Daily review on October 8, 2019 for the EUR / USD currency pair

Trend analysis (Fig. 1).

On Tuesday, the main upper target is breaking through the upper fractal 1.1002. In case of failure, a pullback downward movement is possible with the target of 1.0955 - a pullback level of 38.2% (yellow dashed line).

Fig. 1 (daily chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger Lines - up;

- weekly schedule - up.

General conclusion:

On Tuesday, an upward movement is possible.

The first upper target 1.1002 is the upper fractal (blue dashed line).

In case of breaking up, the next target 1.1023 is a pullback level of 61.8% (blue dashed line).

An unlikely scenario is the lower work with the target of 1.0955 - a pullback level of 38.2% (yellow dashed line).