Trend analysis (Fig. 1).
On Tuesday, it is possible to move up with the first target 1.2987 - a pullback level of 38.2% (red dashed line) from the support level 1.2903 (white bold line). If this level is reached, we can continue working upwards with the target of 1.3031 which is a pullback level of 50.0% (red dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
Today, the price may continue to move up.
On Tuesday, there is also a very possible scenario: Working down with the target of 1.2756 which is the support line (red bold line) from the support level of 1.2903 (white bold line).
