Trend analysis (Figure 1).
On Wednesday, traders continued to work down. On Thursday, the market with a high probability can continue to move down. The support line of the rising channel is very close. The complex analysis will more accurately tell where the price will go.
Fig. 2 (daily chart).
Complex analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- Volumes - upwards;
- Candlestick analysis - up;
- Trend analysis - down;
- Bollinger lines - up;
- Weekly schedule - down.
General conclusion.
On Thursday, the market will move up, with the first goal of 1.1880, a pullback level of 14.6% (red dotted line).
