Trend Analysis (Fig. 1).
On Tuesday, the market, from the level of 1.3540 (yesterday's daily close), may begin moving downward, targeting 1.3486 – the 23.6% retracement level (yellow dotted line). Upon testing this level, the price may possibly move upward, targeting 1.3505 – the 8-period EMA (thin blue line).
Fig. 1 (daily chart).
Comprehensive Analysis:
Indicator analysis – down;Volumes – down;Candlestick analysis – down;Trend analysis – down;Bollinger Bands – down;Weekly chart – down.Overall conclusion: downward trend.
Alternative scenario: From the level of 1.3540 (yesterday's daily close), the price may begin moving downward, targeting 1.3476 – the 21-period simple moving average (black dotted line). Upon testing this line, the price may possibly move upward, targeting 1.3486 – the 23.6% retracement level (yellow dotted line).