Trend analysis (Fig. 1).
On Friday, the market may attempt to break the resistance line 1.1031 (blue bold line) once again. If successful, it will rush to the goal 1.1056 - a pullback level of 76.4% (blue dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - the top;
- trend analysis - up;
- Bollinger Lines - up;
- weekly schedule - up.
General conclusion:
On Friday, an upward movement is possible.
The upper target of 1.1031 is the resistance line (blue bold line).
From the level of 1.1031, you can work down with the target of 1.0998 - a pullback level of 23.6% (yellow dashed line).
An unlikely scenario - from the level of 1.1031, moving up to the target of 1.1056 - a pullback level of 76.4% (blue dashed line).
