Trend analysis (Fig. 1).On Thursday, from the 1.3442 level (yesterday's daily close), the market may continue moving downward toward 1.3383 – the 23.6% retracement level (blue dotted line). From this level, the price may rebound upward toward 1.3405 – a historical resistance level (light blue dotted line). Fig. 1 (daily chart).Comprehensive analysis:Indicator analysis – downward;Fibonacci levels – downward;Volumes – downward;Candlestick analysis – downward;Trend analysis – downward;Bollinger Bands – downward;Weekly chart – downward.Overall conclusion: downward trend.Alternative scenario: From the 1.3442 level (yesterday's daily close), the price may start moving downward toward 1.3405 – a historical resistance level (light blue dotted line). From this level, the price may rebound upward toward 1.3414 – the 38.2% retracement level (blue dotted line).The material has been provided by Inst
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