Trend analysis (Fig. 1).
On Friday, it is possible to continue the upward movement with the target of 1.1111 - the upper fractal (red dashed line). Intermediate points, where pullbacks down are possible, and therefore, additional entry points upwards - 1.1065 (a pullback level of 61.8% (red dashed line)), 1.1088 (upper fractal).
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 1.1065 is the pullback level of 61.8.% (red dashed line), when the next target of 1.1088 is broken, the upper fractal.
