Trend analysis (Fig. 1).
When moving down, the first lower target of 1.1235 is the support line (blue bold line). The probability of breaking through the support line is small.
Fig. 2 (weekly schedule).
Comprehensive analysis:
- Indicator analysis - down;
- Fibonacci levels - neutral;
- Volumes - up;
- Candlestick analysis is neutral;
- Trend analysis - up;
- Bollinger lines - down;
- Monthly schedule - down.
Conclusion on a comprehensive analysis - downward movement.
The total result of the calculation of the EUR / USD currency pair candle on a weekly schedule: the price of the week is likely to have a downward trend with the absence of the first upper shadow from the weekly black candle (Monday - down) and the absence of the second lower shadow (Friday - down).
When moving down, the first lower target of 1.1235 is the support line (blue bold line).
Then maybe move up.
