Trend analysis (Fig. 1).
On Thursday, the price may roll back down to the goal of 1.3139, with a retracement level of 38.2% (red dotted line). If this line is reached, an upwards movement to the goal of 1.3285 will continue – upper fractal (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
- Indicator analysis: down;
- Fibonacci levels: down;
- Volumes: down;
- Candlestick analysis: down;
- Trend analysis: up;
- Bollinger lines: up;
- Weekly schedule: up.
General conclusion:
On Thursday, the price may roll back down.
An unlikely scenario: an upwards movement to 1.3196 (red dotted line), with a retracement level of 23.6%; a retracement level of 61.8% (red dotted line) to the goal of 1.3282.