Trend Analysis (Fig. 1)
On Tuesday, the market, from the level of 1.1636 (yesterday's daily candle close), may begin moving upward toward the target of 1.1672 — the upper fractal (daily candle of December 8, 2025). When testing this level, the price may possibly pull back downward to test the 50% retracement level at 1.1655 (blue dashed line).
Fig. 1 (Daily Chart)
Comprehensive Analysis:
- Indicator analysis — upward
- Volume — upward
- Candlestick analysis — upward
- Trend analysis — upward
- Bollinger Bands — upward
- Weekly chart — upward
Overall conclusion: upward trend.
Alternative scenario: From the level of 1.1636 (yesterday's daily candle close), the price may begin moving upward toward the target of 1.1685 — the 14.6% retracement level (red dashed line). When testing this level, the price may possibly pull back downward toward 1.1672 — the upper fractal (daily candle of December 8, 2025).
