Trend analysis (Fig. 1).
On Tuesday, the price may continue to move down. The first lower target of 1.1176 is a lower fractal and a support line.
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - up;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - up.
General conclusion:
On Tuesday, the price may continue to move down. The first lower target of 1.1176 is a lower fractal and a support line.
The material has been provided by InstaForex Company - www.instaforex.com
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