Trend analysis (Fig. 1).
On Friday, a downward movement is possible with the first target of 1.1424 - a rolling level of 23.6% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - down;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Friday, a downward movement is possible with the first target of 1.1424 - a rolling level of 23.6% (yellow dotted line).
The material has been provided by InstaForex Company -
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