Trend analysis (Fig. 1).
On Tuesday, a downward movement is possible.
Fig. 1 (daily chart).
Comprehensive analysis:
- indicator analysis - down;
- Fibonacci levels - up;
- volumes - down;
- candlestick analysis - neutral;
- trend analysis - down;
- Bollinger Lines - down;
- weekly schedule - up.
General conclusion:
On Tuesday, a downward movement is possible, but a lot will depend on the news, which is the preliminary top.
The first lower target is 1.0967 - the lower fractal (red dashed line).
The first upper target is 1.1022 - a pullback level of 38.2% (red dashed line).
Until 8.00 Universal time (news) lower work.
The material has been provided by InstaForex Company - www.instaforex.com