Trend analysis (Fig. 1).
On Tuesday, the price may begin to move up to the upper fractal - 1.2385. In case of breaking through this level, the continuation of the upward movement to the pullback level of 38.2% - 1.2504 (yellow dashed line) is possible.
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger Lines - up;
- weekly schedule - up.
General conclusion:
On Tuesday, the price may continue to move up.
An unlikely scenario is to work down from the level of 1.2385 (upper fractal).
