Kereskedési feltételek
Products
Eszkozok
Trend analysis (Fig. 1).
Today, the market may continue to move up from the level of 1.3234 (the closing of Friday's daily candle) with the target of 1.3382 which is a pullback level of 61.8% (yellow dotted line). After testing this line, continue to work up with the target of 1.3442 which is a pullback level of 76.4% (yellow dotted line).
Figure 1 (daily chart).
Complex analysis:
General conclusion:
Today, the price may continue to move up with a target of 1.3382 which is a pullback level of 61.8% (yellow dotted line). After testing this line, continue to work up with the target of 1.3442 which is a pullback level of 76.4% (yellow dotted line).
Alternative scenario: From the level of 1.3234 (the closing of Friday's daily candle), the price may continue to move up with the target of 1.3382 which is a pullback level of 61.8% (yellow dotted line). After testing this level, work downwards with the target 1.3307 – 21 average EMA (black thin line).
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.