Trend analysis (Fig. 1).
On Friday, the price before the news (16.30 Moscow time) will move down in the side channel. The first lower target 1.3042 is the rolling level of 23.6% (blue dashed line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - down;
- trend analysis - up;
- Bollinger lines - down;
- weekly schedule - down.
General conclusion:
On Friday, the price before the news (16.30 Moscow time) will move down in the side channel. The first lower target 1.3042 is the rolling level of 23.6% (blue dashed line).
The material has been provided by InstaForex Company -
www.instaforex.com