Trend analysis (Fig. 1).
On Tuesday, the price may continue to move up with the first target of 1.2976, the resistance line of the side channel (red bold line). In case of breaking through this level, the continuation of the upward movement to the upper fractal is 1.3013 (blue dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- Volumes - up;
- Candlestick analysis - up;
- Trend analysis - up;
- Bollinger Lines - up;
- Weekly schedule - up.
General conclusion:
On Tuesday, the price may continue to move up with the first target of 1.2976, the resistance line of the side channel (red bold line). In case of breaking through this level, the continuation of the upward movement to the upper fractal is 1.3013 (blue dashed line).
An unlikely scenario: immediately working down with the first target of 1.2823 - the lower fractal.
