Trend analysis (Figure 1).
On Monday, the price moved up. On Tuesday, the market would likely to continue to move up. The complex analysis will accurately determine the next price direction.
Fig. 2 (daily chart).
Complex analysis:
- indicator analysis - down;
- Fibonacci levels - neutral;
- volumes - down;
- candle analysis - neutral;
- trend analysis - neutral;
- Bollinger lines - up;
- Weekly schedule - down.
General conclusion.
On Tuesday, the market will move down with its preliminary target at 1.2300, which is the bottom fractal.
* The presented market analysis is informative and does not constitute a guide to the transaction.
