Trend analysis (Fig. 1).
On Wednesday, the price may continue to move down, with the first target which is the support line - 1.2511 (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 - up.
General conclusion:
On Wednesday, the price may continue to move down, with the first target which is the support line - 1.2511 (blue bold line).
