Trend analysis (Fig. 1).
On Wednesday, the price may roll back down to a retreat level of 14.6% - 1.2859 (blue dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
- Indicator analysis - down;
- Fibonacci levels - down;
- Volumes - down;
- Candlestick analysis - down;
- Trend analysis - up;
- Bollinger Lines - up;
- Weekly schedule - up.
General conclusion:
On Wednesday, the price may begin to roll back down.
The first lower target is the retracement level of 14.6% - 1.2859 (blue dashed line).
The upper scenario is unlikely - moving up to the upper fractal - 1.2986.
