Trend analysis (Fig. 1).
On Monday, the bears will once again try to reach the support line, the price will move down, with the first target of 1.2772, the support line (red bold line). Possible side channel.
Fig. 1 (daily schedule).
Comprehensive analysis:
- Indicator analysis - up;
- Fibonacci levels - neutral;
- Volumes - up;
- Candlestick analysis is neutral;
- Trend analysis - up;
- Bollinger lines - up;
- Weekly schedule - up.
General conclusion:
On Monday, the price will move downwards, with the first target of 1.2772, the support line (red bold line). Then the top is possible.
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