REDATOR Redator Postado Segunda em 08:03 REDATOR Denunciar Share Postado Segunda em 08:03 On Monday, from the 1.1741 level (Friday's daily candle close), the market may begin a downward move targeting 1.1685 – the 14.6% retracement level (red dotted line). Upon reaching this level, a possible upward move may occur toward 1.1689 – a historical resistance level (blue dotted line).Fig. 1 (Daily chart). Comprehensive Analysis:Indicator analysis – down;Fibonacci levels – down;Volumes – down;Candlestick analysis – down;Trend analysis – up;Bollinger Bands – down;Weekly chart – down.Overall conclusion: Downward trend.Alternative scenario: From the 1.1741 level (Friday's daily candle close), the price may begin a downward move targeting 1.1655 – the 50% retracement level (blue dotted line). Upon reaching this level, a possible upward move may occur toward 1.1685 – the 14.6% retracement level (red dotted line).The material has been provided by InstaForex Company - www.instaforex.com Citar Link para o comentário Compartilhar em outros sites More sharing options...
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