On Monday, the price may continue to move upwards. The first upper target 1.1343 is the upper fractal.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - up;
- weekly schedule - up.
General conclusion:
On Monday, the price may continue to move upwards. The first upper target 1.1343 is the upper fractal. After lunch, the market will be narrow (US holiday).
The material has been provided by InstaForex Company - www.instaforex.com