On Wednesday, as expected, the was moved up.
Trend analysis (Fig. 1).
On Thursday, up to % rates, the price will move down in the side channel. The first lower target 1.1346 is the support line (red thin line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - up;
- volumes - down;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Thursday, up to% rates, the price will move down in the side channel. The first lower target 1.1346 is the support line (red thin line).
The material has been provided by InstaForex Company - www.instaforex.com