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13.09.201908:06 Forex Analysis & Reviews: Indicator analysis. Daily review on September 13, 2019 for the EUR / USD currency pair

Long-term review
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Trend analysis (Fig. 1).

On Friday, it is possible to continue the upward movement with the target of 1.1089 - pullback level of 50.0% (yellow dashed line).

Exchange Rates 13.09.2019 analysis

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 - up.

General conclusion:

On Friday, the upward movement will continue.

The first upper target of 1.1089 is a pullback level of 50.0.% (yellow dashed line), when breaking through the next target of 1.1127 is a pullback level of 61.8% (yellow dashed line).

Stefan Doll
Analytical expert of InstaForex
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