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Trend analysis (Fig. 1).
Today, the market from the level of 1.4152 (closing of yesterday's daily candlestick) will try to continue moving upwards with the target of 1.4232 - the upper fractal (red dotted line). After testing this level, it is possible to continue working upwards with the target of 1.4378 - the next upper fractal (yellow dashed line). Upon reaching this level, it is possible to work down.
Figure 1 (Daily Chart).
Comprehensive analysis:
General conclusion:
Today, the price from the level of 1.4152 (closing of yesterday's daily candlestick) will try to continue moving upwards with the target of 1.4232 - the upper fractal (red dotted line). After testing this level, it is possible to continue working upwards with the target of 1.4378 - the next upper fractal (yellow dashed line). Upon reaching this level, it is possible to work down.
Alternative scenario: from the level of 1.4152 (closing of yesterday's daily candlestick), it will try to continue moving upwards with the target of 1.4232 - the upper fractal (red dotted line). After testing this level, it is possible to work downward with the target of 1.4149 - the retracement level of 14.6% (red dashed line).
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