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Trend analysis (Fig. 1).
On Tuesday, the main upper target is breaking through the upper fractal - 1.1064 (yellow dashed line). News coming out at 10.00 London time may affect this situation, but in any case, after working out the news, the upward movement will continue. In case of luck, it is possible to continue moving up with the target 1.1111 - the upper fractal (blue dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - down;
- trend analysis - up;
- Bollinger Lines - up;
- weekly schedule - up.
General conclusion:
On Tuesday, an upward movement is possible.
The first upper target of 1.1064 is the upper fractal (yellow dashed line).
In case of breaking up, the next target of 1.1111 is the upper fractal (blue dashed line).
An unlikely scenario is lower work with the target of 1.0994 - a pullback level of 38.2% (yellow dashed line).
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
