Trend analysis (Fig. 1).
On Friday, it is possible to continue the upward movement with the target of 1.1089 - pullback level of 50.0% (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 - up;
- weekly schedule - up.
General conclusion:
On Friday, the upward movement will continue.
The first upper target of 1.1089 is a pullback level of 50.0.% (yellow dashed line), when breaking through the next target of 1.1127 is a pullback level of 61.8% (yellow dashed line).
