On Friday, after reaching 1.1462 - the resistance line (red bold line), there is a possibility of a downward movement with the first target of 1.1438 - a recoil level of 38.2% (yellow dashed line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - down;
- volumes - up;
- candlestick analysis is neutral;
- trend analysis - up;
- Bollinger lines - up;
- weekly schedule - up.
General conclusion:
On Friday, after reaching 1.1462 - the resistance line (red bold line), there is a possibility of a downward movement with the first target of 1.1438 - a recoil level of 38.2% (yellow dashed line).
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