Trend analysis (Fig. 1).
On Wednesday, we expect an upward movement, with the target 1.1232 - the upper fractal.
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - down;
- candlestick analysis - neutral;
- trend analysis - up;
- Bollinger Lines - down;
- weekly schedule - up.
General conclusion:
On Wednesday, we expect an upward movement, with the target of 1.1232 - the upper fractal (after working out the news at 6.00 Universal time).
The material has been provided by InstaForex Company - www.instaforex.com