Trend analysis (Fig. 1).
On Wednesday, there is a high probability of continuing the downward movement. The first lower target of 1.3221 is the pullback level of 38.2% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - down;
- trend analysis - down;
- Bollinger lines - up;
- weekly schedule - down.
General conclusion:
On Wednesday, there is a high probability of continuing the downward movement. The first lower target of 1.3221 is the pullback level of 38.2% (yellow dotted line).