Trend analysis (Fig. 1).

On Tuesday, it is possible to continue with the downward movement, with the first target of 1.1316, a sliding level of 61.8% (yellow dotted line). From this level, you can try to work up (in rolling mode).

eurusd-d1-instaforex-companies-group-3.p

Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – down;

– volumes – down;

– candlestick analysis is neutral;

– trend analysis – down;

– Bollinger lines – down;

– weekly schedule – up.

General conclusion:

There is a downward movement with the first goal 1.1316 rolling level 61.8% (yellow dashed line) on Tuesday.

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

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