Trend Analysis (Fig. 1)
On Tuesday, the market may continue moving upward from the 1.1725 level (closing of yesterday's daily candle), targeting 1.1782 – the 50% retracement level (red dashed line). Upon testing this level, the price may pull back downward to test the 38.2% retracement level again (red dashed line).
Fig. 1 (Daily Chart)
Comprehensive Analysis:
Indicator analysis – up;Volume – up;Candlestick analysis – up;Trend analysis – up;Bollinger Bands – up;Weekly chart – up.Overall Conclusion: Upward Trend
Alternative Scenario: From the 1.1725 level (closing of yesterday's daily candle), the price may continue upward toward 1.1749 – the 38.2% retracement level (red dashed line). Upon testing this level, the price may pull back downward toward 1.1717 – the 38.2% retracement level (blue dashed line).