Trend analysis (Fig. 1).
On Friday, perhaps, there's an upward movement with the upper target 1.2683 - 21 average EMA (black thin line). From this level, the bottom is possible.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - neutral;
- volumes - down;
- candlestick analysis is neutral;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Friday, perhaps, there is an upward movement with the upper target 1.2683 - 21 average EMA (black thin line). From this level, the bottom is possible.
The material has been provided by InstaForex Company -
www.instaforex.com