On Friday, the price before the news (12.00 Moscow time) will move up. Then the bottom is possible. The first lower target of 1.1256 is the support line (blue bold line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - up;
- volumes - down;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - down.
General conclusion:
On Friday, the price will move up before the news release (12.00 Moscow time). Then, the bottom is possible. The first lower target of 1.1256 is the support line (blue bold line).
