Trend analysis (Fig. 1).

On Thursday, the market will continue to move down. The first lower target 1.1142 is a lower fractal and further down.

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Fig. 1 (daily schedule).

Comprehensive analysis:

– indicator analysis – down;

– Fibonacci levels – down;

– volumes – down;

– candlestick analysis – down;

– trend analysis – down;

– Bollinger lines – down;

– weekly schedule – down.

General conclusion:

On Thursday, the market will continue to move down. The first lower target 1.1142 is a lower fractal.

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

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