On Thursday, the downward movement with the first goal of 1.2658 is the lower fractal. However, much will depend on the news.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Thursday, the downward movement with the first goal of 1.2658 is the lower fractal. However, much will depend on the news which has a predictive top.
