Trend analysis (Fig. 1).
On Tuesday, the price may continue to move up with the first target 1.3166 which is a pullback level of 50.0% presented in a yellow dashed line. The next upper target 1.3300 is the resistance level presented in a black bold 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 1.3166 which is a pullback level of 50.0% presented in a yellow dashed line. The next upper target which is 1.3300 is the resistance level presented in a black bold line.
The latter stated scenario is unlikely, so from the level of 1.3166, work down with the first target of 1.3123 which is a pullback level of 14.6% presented in a blue dashed line.
