FX.co ★ Indicator analysis: Daily review on EUR / USD on February 11, 2020

Trend analysis (Fig. 1).

A retraceable upward movement is possible today with the target of 1.0958, the retracement level of 14.6% (red dotted line).

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - down.

General conclusion:

A retreating upward movement is expected today with the target of 1.0958, the retracement level of 14.6% (red dashed line).

An unlikely but possible scenario is from the resistance line 1.0924 (red bold line), the price goes down to the lower fractal 1.0880 (blue dashed line).