Trend analysis (Fig. 1).
On Monday, the market will move up with the first goal of the support level at 1.1551 (white dotted line), and it is only possible to overcome this level with the subsequent goal of the rollback level of 38.2% - 1.1599 (blue dotted line) in order to continue the upward movement.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - down;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly chart - down.
General conclusion:
On Monday, an upward movement is expected with the first goal of the support level (white dotted line) at 1.1552 and further continuation to the top.
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