Trend Analysis (Fig. 1).
On Monday, from the level of 1.3502 (the close of Friday's daily candle), the market may continue upward movement with the target at 1.3593 – upper fractal (yellow dotted line). Upon testing this level, the price may then move downward with the target at 1.3565 – upper fractal (daily candle of August 18, 2025).
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 1.3502 (the close of Friday's daily candle), the price may start moving upward with the target at 1.3626 – historical resistance level (blue dotted line). Upon testing this level, the price may then move downward with the target at 1.3593 – upper fractal (yellow dotted line).