Trend analysis.
This week, the price will move down with the first target of 1.1089 - the support line (the white bold line). On reaching the top job with the top goal, the pullback level is 50.0% - 1.1145 (blue dotted line).
Fig. 1 (weekly chart).
Complex analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- Volumes - up;
- Candle analysis - up;
- Trend analysis - up;
- Bollinger Bands - up;
- Monthly chart - up.
The conclusion of the complex analysis - an upward movement.
The overall result of calculating the candle of the EUR/USD currency pair according to the weekly chart: the price of the week is likely to have an upward trend, with the absence of the first lower shadow of the weekly white candlestick (Monday - up) and the presence of the second upper shadow (Friday - down).
An unlikely lower scenario: from the support line of 1.1089 (white bold line), a downward movement with the lower target of 1.1058 - a pullback level of 50.0% (red dotted line).
