Trend analysis (Fig. 1).
On Wednesday, the price may continue to move up with the target at 1.2385 - the upper fractal. From the level of 1.2385, you can work down, but very carefully, with profit taking at the very first properties of the upper work.
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger Lines - up;
- weekly schedule - up.
General conclusion:
On Wednesday, the price may continue to move up.
From the level of 1.2385, you can work down with the first target of 1.2007 - the lower fractal.
