Trend analysis (Fig. 1).
On Tuesday, the main upper target is breaking through the upper fractal 1.1002. In case of failure, a pullback downward movement is possible with the target of 1.0955 - a pullback level of 38.2% (yellow dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - down;
- trend analysis - up;
- Bollinger Lines - up;
- weekly schedule - up.
General conclusion:
On Tuesday, an upward movement is possible.
The first upper target 1.1002 is the upper fractal (blue dashed line).
In case of breaking up, the next target 1.1023 is a pullback level of 61.8% (blue dashed line).
An unlikely scenario is the lower work with the target of 1.0955 - a pullback level of 38.2% (yellow dashed line).
