On Monday, the price may continue to move down. The first lower target 1.1291 is a lower fractal.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - up;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - down.
General conclusion:
On Monday, the price may continue to move down. The first lower target 1.1291 is a lower fractal.
The material has been provided by InstaForex Company -
www.instaforex.com