Trend analysis (Fig. 1).
On Monday after the news release, a downward movement can continue, with the first goal of 1.1339, the lower fractal.
Fig. 1 (daily schedule).
Comprehensive analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- Volumes - up;
- Candlestick analysis - down;
- Trend analysis - up;
- Bollinger lines - down;
- Weekly chart - down.
General conclusion:
On Monday until 10.00 London time, the upward movement is upward with the first goal of 21 average EMA 1.1386 (black thin line). After the news at 10.00, the bottom is possible.
