Trend analysis (Fig. 1).
On Friday, it is possible to continue the upward movement, if only the price overcomes the 1.1393 recoil level of 61.8% (yellow dotted line). Otherwise, there will be a downward recoil.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - up;
- weekly schedule - up.
General conclusion:
On Friday, it is possible to continue the upward movement with the first goal of 1.1393 at the recoil level of 61.8% (yellow dotted line). When you break through this level, you can try to continue working upward. Otherwise, there will be a downward recoil from this level.
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