On Monday, from the level of 1.3232 (Friday's daily candle close), the market may continue moving downward toward 1.3178 — the 23.6% retracement level (blue dashed line). When testing this level, the price may start moving upward toward 1.3200 — the lower fractal (daily candle of November 28, 2025).
Fig. 1 (Daily Chart).
Comprehensive Analysis:Indicator analysis — downwardFibonacci levels — downwardVolume — downwardCandlestick analysis — downwardTrend analysis — downwardBollinger Bands — downwardWeekly chart — downwardOverall conclusion: a downward trend.
Alternative Scenario:From the level of 1.3232 (Friday's daily candle close), the price may continue moving downward toward 1.3148 — the historical support level (blue dashed line). When testing this level, the price may start moving upward toward 1.3178 — the 23.6% retracement level (blue dashed line).