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10.05.2019 10:27 AM
Indicator analysis. Daily review on May 10, 2019 for the pair EUR / USD

Trend analysis (Fig. 1).

Today, there is an upward movement, with the target of 1.1236 - the resistance line (red bold line), and it is possible to continue the upward movement with the target of 1.1252 - the upper fractal.

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Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis is neutral;

- trend analysis is neutral;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

Today, there is an upward movement, with the target of 1.1236 - the resistance line (red bold line), and it is possible to continue the upward movement with the target of 1.1252 - the upper fractal.

Stefan Doll,
Analytical expert of InstaForex
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