Trend analysis (Fig. 1).
On Wednesday, the market will continue to move down. The first lower target 1.1175 is the support line (blue bold 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:
On Wednesday, the market will continue to move down. The first lower target 1.1175 is the support line (blue bold line).
The material has been provided by InstaForex Company - www.instaforex.com