Trend analysis (Fig. 1).
On Tuesday, the first lower target is the lower fractal 1.1017 (blue dashed line). If successful, the next lower target of 1.0995 is a retracement level of 61.8% (red dashed line). From this level, you can work up.
Fig. 1 (daily chart).
Comprehensive analysis:
- Indicator analysis - down;
- Fibonacci levels - down;
- Volumes - down;
- Candlestick analysis - up;
- Trend analysis - down;
- Bollinger Lines - down;
- Weekly schedule - up.
General conclusion:
On Tuesday, a downward movement is possible.
The first lower target is the lower fractal 1.1017 (blue dashed line). If successful, the next lower target of 1.0995 is a retracement level of 61.8% (red dashed line). From this level, you can work up.
An unlikely scenario is an upward movement with a target pullback level of 23.6% - 1.1056 (blue dashed line).
