Trend analysis (Fig. 1).

On Monday, the price will move down with the first target – support line of 1.1300 (blue thin line). Upon reaching this level, you can move up.

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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 chart – down.

General conclusion:

On Monday, the price will move down, with the first goal – the support line of 1.1300 (blue thin line). To achieve this level, you can move up.

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

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