Trend analysis (Fig. 1).
On Friday, technical analysis demonstrates a downward movement. The first lower target of 1.2942 is the support line (blue bold line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis is neutral;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - down.
General conclusion:
On Friday, technical analysis demonstrates a downward movement. The first lower target of 1.2942 is the support line (blue bold line).
