On Friday, the bears will begin to record weekly earnings, and the market will roll back up. The first upper target is 1.11467 - the rolling level of 23.6% (yellow dotted line).
Fig. 1 (daily schedule).
Comprehensive analysis:
- indicator analysis - up;
- Fibonacci levels - up;
- volumes - up;
- candlestick analysis - up
- trend analysis - down;
- Bollinger lines - up;
- weekly schedule - down.
General conclusion:
On Friday, the bears will begin to record weekly earnings, and the market will roll back up. The first upper target is 1.11467 - the rolling level of 23.6% (yellow dotted line).