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Trend analysis (Fig. 1).
On Thursday, the price will move down with the target at 1.2769 - the lower fractal. If this level is reached, continue to work down.
Fig. 1 (daily chart).
Comprehensive analysis:
- Indicator analysis - down;
- Fibonacci levels - down;
- Volumes - down;
- Candlestick analysis - up;
- Trend analysis - down;
- Bollinger Lines - up;
- Weekly schedule - up.
General conclusion:
On Thursday, the price of technology may continue to move down.
The price will move up, with the target at 1.2769 - the lower fractal. If this level is reached, continue to work down.
Upper scenario - work up to 1.2930 - resistance line (yellow thin line).
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