Trend Analysis (Fig. 1).

On Thursday, from the level of 1.3400 (yesterday's daily candle close), the market may continue moving downward with a target at 1.3332 – the lower fractal (red dashed line). From this level, the price may possibly bounce upward with a target at 1.3364 – the 61.8% retracement level (yellow dashed line).

Fig. 1 (Daily Chart).

Comprehensive Analysis:

• Indicator analysis – downward;
• Fibonacci levels – downward;
• Volumes – downward;
• Candlestick analysis – downward;
• Trend analysis – downward;
• Bollinger Bands – downward;
• Weekly chart – downward.

Overall conclusion: Downward trend.

Alternative scenario: From the level of 1.3400 (yesterday's daily candle close), the price may continue moving downward with a target at 1.3364 – the 61.8% retracement level (yellow dashed line).

From this level, the price may possibly bounce upward with a target at 1.3401 – the 14.6% retracement level (blue dashed line).