Trend analysis (Fig. 1).
On Thursday, the price will move down, with the target at 1.2717 - a pullback level of 23.6% (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - down;
- trend analysis - up;
- Bollinger Lines - up;
- weekly schedule - up.
General conclusion:
On Thursday, the price may begin to move down.
The first lower target of 1.2717 is a pullback level of 23.6% (red dashed line).
An unlikely scenario is an upward movement to a pullback level of 50.0% - 1.3169 (yellow dashed line).
