Trend analysis (Fig. 1).
On Wednesday, it is possible to work upwards with the first top target of 1.2790 - a rolling level of 38.2% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis is neutral;
- trend analysis - up;
- Bollinger lines - up;
- weekly schedule - up.
General conclusion:
It is possible to work upwards with the first top target of 1.2790 - a rolling level of 38.2% (yellow dotted line) on Wednesday.
The material has been provided by InstaForex Company - www.instaforex.com