Trend Analysis (Fig. 1).
Today, the market will try to continue moving down from the level of 1.3812 (the closing of yesterday's daily candle) with the target of 1.3740-13 average EMA (yellow thin line). When this line is reached, the price may continue to move down with the target of 1.3625 at the support line (the red bold line).
Figure 1 (daily chart).
Comprehensive Analysis:
- Indicator Analysis – down
- Fibonacci levels – down
- Volumes – down
- Candle Analysis – down
- Trend Analysis – down
- Bollinger Bands – down
- Weekly Chart – down
General conclusion:
Today, the price will try to continue moving down from the level of 1.3812 (the closing of yesterday's daily candle) with the target of 1.3740-13 average EMA (yellow thin line). When this line is reached, the price may continue to move down with the target of 1.3625 at the support line (the red bold line).
Alternative scenario: from the level of 1.3812 (the close of yesterday's daily candle), the average EMA (yellow thin line) will try to continue moving down with the target of 1.3740 – 13. When this line is reached, the price may start moving up with the upper fractal target at 1.3865 (red dotted line).
