Trend analysis (Fig. 1).
On Friday, a downward movement with a lower target of 1.2619 is possible - a rolling level of 38.2% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis is neutral;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
There's a downward movement with a lower target of 1.2619 is possible - a rolling level of 38.2% (yellow dotted line) on Friday.
