Trend analysis (Fig. 1).
On Wednesday, it is possible to continue the downward movement with the first target 1.1262 support line (blue thick line). From this level, you can try to work down to the lower fractal 1.1217.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly chart - down.
General conclusion:
On Wednesday, the downward movement will continue with the first target 1.1262 support line (blue thick line).
