Trend Analysis (Fig. 1).

On Friday, the market may start moving downward from the level of 1.3237 (yesterday's daily candle close) with a target of 1.3178 — the 23.6% retracement level (blue dashed line). When testing this level, a corrective upward movement is possible with a target of 1.3197 — the 5 EMA (thin red line).

Fig. 1 (daily chart).

Comprehensive Analysis:

• indicator analysis – down
• Fibonacci levels – down
• volumes – down
• candlestick analysis – down
• trend analysis – down
• Bollinger Bands – down
• weekly chart – up

Overall conclusion: downward trend.

Alternative scenario: From the level of 1.3237 (yesterday's daily candle close), the price may begin moving downward with a target of 1.3197 — the 5 EMA (thin red line).

When testing this line, a corrective upward movement is possible with a target of 1.3209 — the lower fractal (daily candle of November 27, 2025).