Trend analysis (Fig. 1).
On Thursday, the downward movement may continue to the support level - 1.1066 (blue bold line). After touching the support line - work up to the pullback level of 14.6% - 1.1094 (yellow dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - down;
- volumes - down;
- candlestick analysis - neutral;
- trend analysis - down;
- Bollinger Lines - down;
- weekly schedule - down.
General conclusion:
On Thursday, the downward movement may continue.
An unlikely scenario is a breakdown of the support line 1.1066 (blue bold line) with the target 1.1028, which is the lower fractal.