Trend analysis (Fig. 1).
On Thursday, technical analysis gives a rollback to the upward movement. The first upper target 1.3059 is the pullback level of 38.2% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - down.
General conclusion:
On Thursday, technical analysis gives a rollback to the upward movement. The first upper target 1.3059 is the pullback level of 38.2% (yellow dotted line).
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