Trend analysis (Fig. 1).
On Thursday, the technical outlook may continue its upward movement with the first goal of 1.1444 at the upper fractal but much will depend on the ECB press conference.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - top;
- candlestick analysis is neutral;
- trend analysis - up;
- Bollinger lines - up;
- weekly schedule - up.
General conclusion:
On Thursday, the technical outlook may continue its upward movement with the first goal of 1.1444 at the upper fractal but much will depend on the ECB press conference.
