Trend analysis (Fig. 1).
On Friday, the price will move up, with the first target of 1.2950 - the upper fractal.
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 Friday, the price may begin to pull back up.
The first upper target of 1.2950 is the upper fractal.
An unlikely scenario is a downward movement with a target of 1.2700 - a pullback level of 38.2% (blue dashed line).
