Trend analysis (Figure 1).
Touching the fifth support line gives 70% probability of top work with the first target of 1.1664 - Fibonacci level 14.6% (blue dotted line). After working off the strong news at 8.00 London time. an upward movement is possible, but for now, it will only be at the bottom.
Fig. 1 (daily chart).
Complex analysis:
- indicator analysis - down;
- Fibonacci levels - neutral;
- volumes - down;
- candle analysis - neutral;
- trend analysis - up;
- Bollinger lines - up;
- Weekly schedule - up.
General conclusion:
On Tuesday, the market will move down with the first goal 1.1566 until 8.00 London time - e support line (white line). Then, it is possible to top.
