Trend Analysis (Fig. 1).
On Monday, from the level of 1.1685 (the close of Friday's daily candle), the market may continue upward movement with the target at 1.1742 – the upper fractal (blue dotted line). Upon reaching this level, a downward move is possible with the target at 1.1731 – retracement level of 85.4% (yellow dotted line).
Fig. 1 (daily chart).
Comprehensive Analysis:
Indicator analysis – up;Fibonacci levels – up;Volumes – up;Candlestick analysis – up;Trend analysis – up;Bollinger Bands – up;Weekly chart – up.Overall conclusion: upward trend.
Alternative scenario: from the level of 1.1685 (the close of Friday's daily candle), the price may continue upward movement with the target at 1.1731 – retracement level of 85.4% (yellow dotted line). Upon reaching this level, a pullback downward is possible with the target at 1.1708 – upper fractal (yellow dotted line).