Trend analysis (Fig. 1).
On Monday, technical analysis gives a continuation of the upward movement. The first upper target of 1.2988 is the pullback level of 24.6% (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 Monday, technical analysis gives a continuation of the upward movement. The first upper target of 1.2988 is the pullback level of 24.6% (yellow dotted line).