Trend analysis (Fig. 2).
On Thursday, we are waiting for a downward movement with the first target of 1.2651 - a sliding level of 50.0% (blue dashed line). Much will depend on the news that will come out at 11:30 UTC+00.
Fig. 2 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - down;
- volumes - up;
- candlestick analysis - down;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Thursday, we are waiting for a downward movement with the first target of 1.2651 - a sliding level of 50.0% (blue dashed line). Much will depend on the news that will come out at 11:30 (UTC+00).
