FX.co ★ Indicator Analysis: Daily review on November 26, 2019, on the EUR / USD Currency Pair

Trend analysis (Fig. 1).

On Tuesday, if they are only testing the level 1.1005, then we can expect to work with the target 1.1041 the retracement level of 38.2% (blue dotted line). In lower work, the first lower target is the lower fractal 1.1005 (blue dashed line). If successful, the next lower target is 1.0990 - the next lower fractal (red dashed line).

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - down;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

On Tuesday, an upward movement is possible.

The first upper target 1.1041 is a retracement level of 38.2% (blue dashed line).

If successful, the next upper target 1.1052 is a pullback level of 50.0% (blue dashed line).

An unlikely but possible scenario is when a lower fractal is broken through 1.1005, a downward movement with a target recoils from 100.0% to 1.0990 (red dashed line).