Trend analysis (Fig. 1).
On Monday, an upward movement is possible, but in the lateral channel, with the first target of 1.1447, a rolling level of 38.2% (yellow dashed line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- Volumes - up;
- Candlestick analysis - down;
- Trend analysis is neutral;
- Bollinger lines - up;
- Weekly schedule - up.
General conclusion:
On Monday, an upward movement is possible, but in the lateral channel, with the first target of 1.1447, a rolling level of 38.2% (yellow dashed line).
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