Trend analysis (Fig. 1).
On Wednesday, technical analysis demonstrates a downward movement. The first lower target 1.3002 is the 38.2% pullback level (blue dashed line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis is neutral;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Wednesday, technical analysis demonstrates a downward movement. The first lower target 1.3002 is the 38.2% pullback level (blue dashed line).
