Trend analysis (Fig. 1).
On Tuesday, the price, after the news, may continue to move up, with the first target of 1.2094 – resistance line (red bold line), with a possible continuation of the upward movement.
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - neutral;
- volumes - up;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger Lines - down;
- weekly schedule - up.
General conclusion:
On Tuesday, the price, after the news, may continue to move up, with the first target of 1.2094 – resistance line (red bold line), with a possible continuation of the upward movement.
