Trend analysis (Figure 1).
On Thursday, the price, working out the news, moved down. On Friday, the market is more likely to continue moving down. The complex analysis will more accurately tell where the price will go.
Fig. 2 (daily chart).
Complex analysis:
- Indicator analysis - down;
- Fibonacci levels - neutral;
- Volumes - down;
- Candle analysis - down;
- Trend analysis - down;
- Bollinger lines - up;
- Weekly schedule - down.
General conclusion.
On Friday, the market will move down, with the first target of 1.2300, the bottom fractal.
