Trend analysis (Fig. 1).
On Monday, the price will move down. The first lower target of 1.3135 is the rolling level of 23.6% (blue dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - down;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - down.
General conclusion:
The price will move down on Monday. The first lower target of 1.3135 is the rolling level of 23.6% (blue dotted line).
The material has been provided by InstaForex Company - www.instaforex.com