See also
04.12.2025 11:45 AMTrend Analysis (Fig. 1)
On Thursday, from the level of 1.3348 (yesterday's daily candle close), the market may begin moving downward toward the target of 1.3282 — the 38.2% retracement level (blue dashed line). From this level, the price may possibly pull back upward toward the target of 1.3293 — a historical resistance level (light blue dashed line).
Fig. 1 (Daily Chart)
Comprehensive Analysis:
Overall Conclusion: Downward trend.
Alternative Scenario:From the level of 1.3348 (yesterday's daily candle close), the price may begin moving downward toward the target of 1.3293 — a historical resistance level (light blue dashed line). From this level, the price may possibly pull back upward.
You have already liked this post today
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
