Trend analysis (Fig. 1).

On Monday, the market from the level of 1.3834 (closing of last Friday's daily candlestick) may continue to move upward with the target of 1.3882 - the 38.2% retracement level (blue dotted line). After testing this level, it may continue working upwards with the target of 1.3948 - the 50.0% retracement level (blue dashed line). And upon reaching this line, it is likely to rise with the target of 1.4013 - the 61.8% retracement level (blue dashed line).

Figure 1 (Daily Chart).

Comprehensive analysis:

• Indicator analysis - up;
• Fibonacci levels - up;
• Volumes - up;
• Candlestick analysis - down;
• Trend analysis - up;
• Bollinger lines - up;
• Weekly chart - up.

General conclusion:

Today, the price from the level of 1.3834 (closing of last Friday's daily candlestick) may continue to move upward with the target of 1.3882 - the 38.2% retracement level (blue dotted line). After testing this level, it may continue working upwards with the target of 1.3948 - the 50.0% retracement level (blue dashed line). And upon reaching this line, it is likely to rise with the target of 1.4013 - the retracement level of 61.8% (blue dashed line).

Unlikely scenario: from the level of 1.3834 (closing of last Friday's daily candlestick), the price may start moving down to the target set at 1.3724 - the support line of the ascending channel (red bold line). After testing this level, it is possible to continue working upwards with the target of 1.3801 - the 23.6% retracement level (blue dashed line).