Trend Analysis (Fig. 1).
On Tuesday, from the level of 1.3541 (yesterday's daily candle close), the market may continue moving upward with the target at 1.3593 – the upper fractal (yellow dotted line). Upon testing this level, the price may then move downward with the target at 1.3565 – the upper fractal (daily candle from August 18, 2025).
Fig. 1 (daily chart).
Comprehensive Analysis:
- Indicator analysis – up;
- Volumes – up;
- Candlestick analysis – up;
- Trend analysis – up;
- Bollinger Bands – up;
- Weekly chart – up.
Overall conclusion: upward trend.
Alternative scenario: from the level of 1.3541 (yesterday's daily candle close), the price may start moving upward with the target at 1.3626 – the historical resistance level (blue dotted line). Upon testing this level, the price may then move downward with the target at 1.3593 – the upper fractal (yellow dotted line).
