Trend analysis (Fig. 1).
On Thursday, the price may begin to move up with the first target 1.1146 which is a pullback level of 50.0% presented in a blue dashed line. If this level is reached, there is a continuation of work upwards with the target of 1.1176 which is the upper fractal.
Fig. 1 (daily chart).
Comprehensive analysis:
- Indicator analysis - up;
- Fibonacci levels - up;
- Volumes - up;
- Candlestick analysis - neutral;
- Trend analysis - up;
- Bollinger Lines - up;
- Weekly schedule - up.
General conclusion:
On Thursday, an upward trend is possible.
The unlikely scenario is from the historical resistance level of 1.1128 presented in a blue dashed line, the price goes down to the lower target 1.1092 which is a pullback level of 50.0% presented in a red dashed line.