Trend analysis (Fig. 1).
On Tuesday, the first upper target is the resistance line 1.1088 (red bold line). If successful, the next upper target 1.1108 is a retracement level of 61.8% (blue dashed line).
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 Tuesday, an upward movement is possible.
The first upper target is a 1.1088 resistance line (red bold line). If successful, the next lower target 1.1108 is the retracement level of 61.8% (blue dashed line).
An unlikely, but possible scenario is a downward movement from the resistance line with the aim of a pullback level of 50.0% - 1.1030 (red dashed line).
