Trend Analysis (Fig. 1)

On Friday, the market may continue moving downward from the 1.3150 level (the closing price of yesterday's daily candle) toward the 1.3115 target — the lower fractal (daily candle from October 30, 2025). Upon testing this level, a pullback movement upward toward 1.3148 is possible — a historical resistance level (blue dotted 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 – upward

Overall conclusion: Downward trend.

Alternative scenario:From the 1.3150 level (the closing price of yesterday's daily candle), the price may continue moving downward toward 1.3089 — the 161.8% target level (red dotted line). Upon testing this level, a pullback upward movement toward 1.3115 — the lower fractal (daily candle from October 30, 2025) — is possible.