Trend analysis (Fig. 1).
On Thursday, the price may continue to move up, with the target of reaching 21 average EMA - 1.2193 (black thin line).
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - neutral;
- trend analysis - up;
- Bollinger Lines - down;
- weekly schedule - down.
General conclusion:
On Thursday, the price may continue to move up.
An unlikely scenario is a downward movement with the target 1.2064 - lower fractal.
