Trend analysis (Fig. 1).
On Friday, there is a high probability of moving up, after testing the support line 1.3023 (yellow thin line). The first upper target 1.3227 is the upper fractal.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger lines - up;
- weekly schedule - up.
General conclusion:
On Friday, there is a high probability of moving up, after testing the support line 1.3023 (yellow thin line). The first upper target 1.3227 is the upper fractal.
The material has been provided by InstaForex Company - www.instaforex.com
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