On Monday, the market moved down, reaching the lower fractal of 1.2854, but closing over this level. On Tuesday, the price will attempt to get and test the rolling 50.0% level - 1.2828 (blue dotted line). Strong calendar news today comes out at 16.00, 18.00 and 20.45 Moscow time.
Trend analysis (Fig. 1).
On Tuesday, the price will move down. The first lower target 1.2828 is a rolling 50.0% level (blue dashed line), then a possible rollback.
Fig. 1 (daily schedule).
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - up;
- candlestick analysis is neutral;
- trend analysis - down;
- Bollinger lines - down;
- weekly schedule - up.
On Tuesday, the price will move down. The first lower target 1.2828 is the 50.0% sliding level (blue dashed line).
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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