Trend analysis (Fig. 1).
On Monday, the downward trend is expected to continue with the first goal at the support line of 1.1274 (orange thick line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - neutral;
- volumes - down;
- candlestick analysis is neutral;
- trend analysis - down;
- Bollinger lines - down;
- weekly chart - down.
General conclusion:
On Monday, the downward trend is expected to continue with the first goal at the support line of 1.1274 (thick orange line).
