یہ بھی دیکھیں
08.08.2025 10:25 AMTrend analysis (Fig. 1).
On Friday, from the level of 1.1664 (yesterday's daily candle close), the market may start moving downward toward 1.1626 — the 23.6% retracement level (blue dashed line). Upon testing this level, the price may resume upward movement toward 1.1698 — the upper fractal (blue dashed line).
Fig. 1 (daily chart).
Comprehensive analysis:
Overall conclusion: Downward trend.
Alternative scenario: Today, from the level of 1.1664 (yesterday's daily candle close), the price may start moving downward toward 1.1618 — the 21-period EMA (thin black line). Upon testing this line, a retracement upward toward 1.1698 — the upper fractal (blue dashed line) — is possible.
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