Trend analysis (Fig. 1).
On Monday, from the level of 1.3556 (the closing of Friday's daily candle), the market may start moving upward toward 1.3593 – the upper fractal (yellow dashed line). Upon testing this line, the price may then move downward toward 1.3582 – the upper fractal (daily candle of September 11, 2025).
Fig. 1 (daily chart).
Comprehensive analysis:
- Indicator analysis – upward;
- Fibonacci levels – upward;
- Volumes – upward;
- Candlestick analysis – upward;
- Trend analysis – upward;
- Bollinger Bands – upward;
- Weekly chart – upward.
Overall conclusion: upward trend.
Alternative scenario: from the level of 1.3556 (the closing of Friday's daily candle), the price may start moving upward toward 1.3582 – the upper fractal (daily candle of September 11, 2025). Upon testing this level, the price may then move downward toward 1.3543 – the historical support level (blue dashed line).
