Trend analysis (Fig. 1).
On Tuesday, the price may continue the downward trend with the first target of 1.1260 - a pullback level of 50.0% (yellow dashed line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - down;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - down.
General conclusion:
On Tuesday, the price may continue the downward trend with the first target of 1.1260 - a pullback level of 50.0% (yellow dashed line). This is most likely to happen after lunch (after 9.00 Universal time).
