Trend analysis (Fig. 1).
On Wednesday, the price can roll back down (the last three candles are white and fit into the body of the last black candle - a very strong signal down the candlestick analysis). The first lower target 1.1267 is a pullback level of 23.6% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - down;
- trend analysis - up;
- Bollinger lines - up;
- weekly schedule - up.
General conclusion:
On Wednesday, the price can roll back down (the last three candles are white and fit into the body of the last black candle - a very strong signal down the candlestick analysis). The first lower target 1.1267 is a pullback level of 23.6% (yellow dotted line).
