Trend analysis (Fig. 1).
On Tuesday, the price will begin to move down. The first lower target of 1.2875 is the rolling level of 38.2% (blue dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Tuesday, the price may start moving down. The first lower target 1.1290 is a lower fractal.
The material has been provided by InstaForex Company - www.instaforex.com