Trend analysis (Figure 1).
On Tuesday, the movement down continues with the first goal of 1.1705, which is the support line (white thin line). From this level, the upper movement is possible. At 14.00 London time, there was strong news.
Fig. 1 (daily chart).
Complex analysis:
- indicator analysis - down;
- Fibonacci levels - up;
- volumes - down;
- candle analysis - down;
- trend analysis - up;
- Bollinger lines - down;
- Weekly schedule - up.
General conclusion:
On Tuesday, the downward movement will continue with the first goal of 1.1705 on the support line (white thin line). From this level, the upper movement is possible.
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