Trend analysis (Fig. 1).
On Thursday, it is possible to continue the upward movement, with the first target of 1.1393, the sliding level of 61.8% (yellow dotted line). From this level, you can try to work down, but it will be a sliding job (high risk). But in general, the upward trend will continue.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - down;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Thursday, it is possible to continue the upward movement, with the first target of 1.1393, the sliding level of 61.8% (yellow dotted line). From this level, you can try to work down, but it will be a sliding job (high risk). But in general, the upward trend will continue.
