Trend Analysis (Fig. 1)
On Friday, the market may continue moving downward from the 1.3150 level (the closing price of yesterday's daily candle) toward the 1.3115 target — the lower fractal (daily candle from October 30, 2025). Upon testing this level, a pullback movement upward toward 1.3148 is possible — a historical resistance level (blue dotted line).
Fig. 1 (Daily Chart)
Comprehensive Analysis:
- Indicator analysis – downward
- Fibonacci levels – downward
- Volumes – downward
- Candlestick analysis – downward
- Trend analysis – downward
- Bollinger Bands – downward
- Weekly chart – upward
Overall conclusion: Downward trend.
Alternative scenario:From the 1.3150 level (the closing price of yesterday's daily candle), the price may continue moving downward toward 1.3089 — the 161.8% target level (red dotted line). Upon testing this level, a pullback upward movement toward 1.3115 — the lower fractal (daily candle from October 30, 2025) — is possible.
