REDATOR Redator Postado Terço em 07:29 REDATOR Denunciar Share Postado Terço em 07:29 Trend Analysis (Fig. 1).On Tuesday, from the level of 1.1709 (yesterday's daily candle close), the market may continue moving downward toward the target of 1.1655 – the 50% retracement level (blue dotted line). Upon testing this level, the price may possibly rebound upward toward the 14.6% retracement level (red dotted line). Fig. 1 (Daily Chart).Comprehensive Analysis:Indicator analysis – downward;Volumes – downward;Candlestick analysis – downward;Trend analysis – downward;Bollinger Bands – downward;Weekly chart – downward.General conclusion: Downward trend.Alternative scenario: From the level of 1.1709 (yesterday's daily candle close), the price may continue moving downward toward the target of 1.1645 – the lower fractal (red dotted line). Upon testing this level, the price may possibly rebound upward toward 1.1655 – the 50% retracement level (blue 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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