Trend analysis (Fig. 1).
On Tuesday, the downward trend is expected to continue with the first goal. The lower fractal of 1.1337 and a further down to the support line of 1.1270 (thick orange line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- Indicator analysis - down;
- Fibonacci levels - neutral;
- Volumes - down;
- Candlestick analysis - up;
- Trend analysis - down;
- Bollinger lines - down;
- Weekly chart - down.
General conclusion:
On Tuesday, the market will continue moving down, with the first goal being the lower fractal of 1.1337, and a further down to the support line of 1.1270 (thick orange line).
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