On Thursday, technical analysis gave a strong upward, but the news made its own adjustment and the pair, after a strong top, went quite far down and closed with a question. Today, the upward trend will continue. Strong calendar news is expected at 12.30 Universal time (dollar).
Trend analysis (Fig. 1).
On Friday, the upward movement will continue with the first target of 1.1287 - the upper fractal.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis is neutral;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Friday, the upward movement will continue with the first target of 1.1287 - the upper fractal.
