Trend analysis (Fig. 1).
On Tuesday, it is possible to continue with the downward movement, with the first target of 1.1316, a sliding level of 61.8% (yellow dotted line). From this level, you can try to work up (in rolling mode).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis is neutral;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
There is a downward movement with the first goal 1.1316 rolling level 61.8% (yellow dashed line) on Tuesday.
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