The price on Friday once again tested the support line 1.2735 (red bold line), but could not break through this level and went up. Today, the market, has been moving up. It will try to reach 13 average EMA - 1.2819 (yellow thin line). Today, strong calendar news is released at 12.30 and 18.00 Moscow time.
Trend analysis (Fig. 1).
On Monday, the upward movement with the first goal 13 is the average EMA - 1.2819 (yellow thin line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - top;
- volumes - down;
- candlestick analysis is neutral;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Monday, the upward movement is shown with the first goal of 13 average EMA - 1.2819 (yellow thin line).
The material has been provided by InstaForex Company -
www.instaforex.com