Trend analysis (Fig. 1).
On Friday, the price will continue to move up, with the first target at 1.2215 - a pullback level of 14.6% (yellow dashed line).
Fig. 1 (daily chart).
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up;
- trend analysis - up;
- Bollinger Lines - down;
- weekly schedule - up.
On Friday, the price will continue to move up.
The scenario of the lower movement is unlikely, but it is still considered. When moving down, the first lower target on 1.2015 is the lower fractal.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.