The market on Thursday, moving up, almost reached the recoil level of 76.4% - 1.3100 (yellow dotted line), but then went down. The price will once again try to break through the recoil level of 76.4%, but I think it will not succeed. Strong calendar news is expected today at 16.30 (positive) and 18.00 (negative) Moscow time.
Trend analysis (Fig. 1).
On Friday, work down with the first lower target 1.3012 is a lower fractal.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - down;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Friday, work down with the first lower target 1.3012 is a lower fractal.
