On Wednesday, a downward movement is possible, but in the side channel, with the first target of 1.1384, 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 - down;
- trend analysis - down;
- Bollinger lines - up;
- weekly schedule - up.
General conclusion: On Wednesday, a downward movement is possible, in the side channel, with the first target of 1.1384 - a recoiling level of 38.2% (yellow dashed line).
