On Monday, the price will most likely to continue downward by inertia. The first lower target 1.1429 is the recoiling level of 38.2% (blue dashed 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 Monday, the price will most likely to continue downward by inertia. The first lower target 1.1429 is the recoiling level of 38.2% (blue dashed line).
