Trend analysis (Fig. 1).

The market will move down on Thursday from the level of 1.3485 (closing of yesterday's daily candle) to the target level of 1.3454, the 14.6% retracement level (red dotted line). When testing this level, the price will move upward to the target level of 1.3504, the upper fractal (red dotted line).

Fig. 1 (daily chart)

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- Volumes - down;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger lines - down;

- Weekly chart - up.

General conclusion:

The price will move down from the level of 1.3485 (closing of yesterday's daily candle) to the target level of 1.3454, the 14.6% retracement level (red dotted line). When testing this level, the price will move upward to the target level of 1.3504, the upper fractal (red dotted line).

Alternative scenario: from the level of 1.3485 (closing of yesterday's daily candle), the price will move down to the target level of 1.3454, the 14.6% retracement level (red dotted line). When testing this level, the price will continue to move down to the target level of 1.3424, the 23.6% retracement level (red dashed line).