Trend analysis (Fig. 1).
On Monday, the technical analysis gives a downward movement. The first lower target is 1.2979 on a lower fractal and then a rollback at 50.0% level (blue dashed line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - down.
General conclusion:
On Monday, the technical analysis gives a downward movement. The first lower target is 1.2979 on a lower fractal and then a rollback at 50.0% level (blue dashed line).
