Trend analysis (Figure 1).
On Thursday, the market, moving up, tested, but could not overcome the upper fractal 1.1830 (red dotted line) and on Friday continued to move sideways down. 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;
- candle analysis - down;
- trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - up.
General conclusion.
On Monday, the market will move up with the first target of 1.1830 - the upper fractal.
