Trend analysis (Fig. 1).
On Wednesday, the upper sliding goal 1.2761 remains - the resistance line (red bold line), but most likely, with the news release, the downward movement may continue.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - neutral;
- volumes - down;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - down;
- weekly chart - down.
General conclusion:
On Wednesday, the upper sliding goal 1.2761 remains - the resistance line (the red bold line), but most likely, with the release of news, the downward movement may continue to the lower fractal 1.2725.
