Trend analysis (Fig. 1).
On Tuesday, the market from the level of 1.1760 (closing of yesterday's daily candle) may continue upward movement with the target at 1.1788 – the upper fractal (yellow dotted line). When testing this level, the price may pull back downward to test the upper fractal at 1.1774 (daily candle from 15.09.2025).
Fig. 1 (daily chart).
Comprehensive analysis:
- Indicator analysis – 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 1.1760 (closing of yesterday's daily candle), the price may continue moving upward with the target at 1.1829 – historical resistance level (blue dotted line). When testing this level, the price may pull back downward to test the upper fractal at 1.1788 (yellow dotted line).
