Trend analysis (Fig. 1).
On Thursday, there is a high probability of an upward movement. The first upper target 1.3432 is the resistance line of the ascending channel (yellow thin line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - down;
- trend analysis - up;
- Bollinger lines - up;
- weekly schedule - up.
General conclusion:
On Thursday, there is a high probability of an upward movement. The first upper target 1.3432 is the resistance line of the ascending channel (yellow thin line).
The material has been provided by InstaForex Company - www.instaforex.com
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