On Tuesday, the price may continue to move down. The first lower target 1.1251 is the support line (blue bold line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - up;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Tuesday, the price may continue to move down. The first lower target 1.1251 is the support line (blue bold line).
The material has been provided by InstaForex Company - www.instaforex.com