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Trend Analysis (Fig. 1)
On Friday, from the level of 1.3526 (yesterday's daily candle close), the market may begin moving upward toward 1.3593 – the upper fractal (yellow dotted line). Upon testing this level, a pullback downward is possible.
Fig. 1 (Daily Chart)
Comprehensive Analysis:
Overall conclusion: Uptrend.
Alternative scenario: From the level of 1.3526 (yesterday's daily candle close), the price may begin moving upward toward 1.3593 – the upper fractal (yellow dotted line). Upon testing this level, the price may continue moving upward toward 1.3626 – the historical resistance level (blue dotted line).
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