Trend analysis (Fig. 1).
On Friday, it is possible to move up with the first goal and channel 1.1420, the upper fractal.
Fig. 1 (daily schedule).
Comprehensive analysis:
- Indicator analysis - up;
- Fibonacci levels - neutral;
- Volumes - top;
- Candlestick analysis is neutral;
- Trend analysis - up;
- Bollinger lines - up;
- Weekly schedule - up.
General conclusion:
On Fridays, upward movement with the first goal is possible and the channel of 1.1420 is the upper fractal, but much will depend on the news.
The material has been provided by InstaForex Company -
www.instaforex.com