31.03.202008:06 Forex Analysis & Reviews: Indicator analysis. Daily review of EUR/USD on March 31, 2020

Trend analysis (Fig. 1).

Today, the pair will continue to move down with the first target at 1.0953, a pullback level of 38.2% (blue dashed line). If this level is reached further, work up with the target of 1.1168, a retracement level of 61.8% (red dashed line). From this level, it is likely to continue to work up.

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - down;

- Volumes - up;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

Today, the price will try to continue its upward movement after a small pullback.

An unlikely scenario: from a pullback level of 38.2% - 1.0953 (red dashed line), work down with a target of 1.0993, a pullback level of 50.0% (blue dashed line).