Trend analysis (Fig. 1).
On Monday, the price may continue to move upwards. The first upper target of 1.1311 is the resistance line (red thin line). There is a probability of breaking through this line.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Monday, the price may continue to move upwards. The first upper target of 1.1311 is the resistance line (red thin line). There is a probability of breaking through this line with a subsequent target of 1.1325 - the upper fractal.
