30.03.202008:33 Forex Analysis & Reviews: Indicator analysis. Daily review of EUR/USD on March 30, 2020

Trend analysis (Fig. 1).

Today, after reaching a retracement level of 61.8% - 1.1168 (red dashed line) the pair will try to move down with the first target of 1.1042, a retracement level of 23.6% (blue dashed line). If this level is reached further, down with the target of 1.0965, a pullback level of 38.2.% (Blue dashed line). From this level, the probability of an upward movement is high.

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- Volumes - down;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger Lines - up;

- Weekly schedule - up.

General conclusion:

Today, the price will try to roll back up.

An unlikely scenario: while moving downside, upon reaching a retracement level of 23.6% - 1.1042 (blue dashed line), the pair will move up, with a target of 1.1293, a retracement level of 76.4% (red dashed line).