Trend analysis (Fig. 1).
On Thursday, the price will move up, with the target at 1.2976 - the upper fractal, or a downward movement with the target at 1.2792 - 21 average EMA. The direction of movement will depend on the news.
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 Thursday, the price, according to the technique, can continue to move up.
The price will move up with the target at 1.2976 - the upper fractal, or a downward movement with the target at 1.2792 - 21 average EMA. The direction of movement will depend on the news.
