Trend analysis (Fig. 1).
On Friday, a downward movement with the target of 1.1028 - the lower fractal (yellow dashed line) is possible.
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger Lines - down;
- weekly schedule - down.
General conclusion:
On Friday, a downward movement with the target of 1.1028 - the lower fractal (yellow dashed line) is possible.
From the level of 1.1028, an upward movement is possible with the target of 1.1061 - a pullback level of 14.6% (blue dotted line).
