Trend analysis (Fig. 1).

On Friday, the price will move up with the first target of 1.2910 on 21 average of EMA (black thin line).

y29cpxBz8kGlMZHrbJ8euv7cdZW8pTOdULU859Sx

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – up;

– Fibonacci levels – neutral;

– volumes – down;

– candlestick analysis is neutral;

– trend analysis – up;

– Bollinger lines – up;

– weekly schedule – up.

General conclusion:

On Friday, the price will move up with the first target of 1.2910 on 21 average of EMA (black thin line).

The material has been provided by InstaForex Company – www.instaforex.com

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.