REDATOR Ben Graham Posted October 21, 2025 REDATOR Report Share Posted October 21, 2025 Trend Analysis (Fig. 1)On Tuesday, the market may continue moving downward from the 1.1640 level (yesterday's daily candle close), targeting 1.1597 – the 14.6% retracement level (yellow dashed line). Upon testing this level, the price may possibly rebound upward to test the historical support level (blue dashed line). Fig. 1 (Daily Chart)Comprehensive Analysis:Indicator analysis – downward;Volume – downward;Candlestick analysis – downward;Trend analysis – downward;Bollinger Bands – downward;Weekly chart – downward.Overall conclusion: Downward trend.Alternative scenario: From the 1.1640 level (yesterday's daily candle close), the price may continue moving downward toward 1.1608 – a historical support level (blue dashed line). Upon testing this level, the price may possibly rebound upward toward 1.1631 – the 23.6% retracement level (yellow dashed line).The material has been provided by InstaForex Company - www.instaforex.com Visitante_03af6427, Visitante_7607730b, Visitante_40417492 and 1 other 1 1 1 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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