Trend analysis (Fig. 1).
On Monday, the price will continue to move up with the first target 1.2215 - a pullback level of 14.6% (yellow dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger Lines - down;
- weekly schedule - up.
General conclusion:
On Monday, the price will continue to move up. The scenario of the lower movement is unlikely, but we will consider it. When moving down, the first lower target 1.2058 is the support line (red bold line).
