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On Monday, from the level of 1.3232 (Friday's daily candle close), the market may continue moving downward toward 1.3178 — the 23.6% retracement level (blue dashed line). When testing this level, the price may start moving upward toward 1.3200 — the lower fractal (daily candle of November 28, 2025).
Fig. 1 (Daily Chart).
Overall conclusion: a downward trend.
From the level of 1.3232 (Friday's daily candle close), the price may continue moving downward toward 1.3148 — the historical support level (blue dashed line). When testing this level, the price may start moving upward toward 1.3178 — the 23.6% retracement level (blue dashed line).
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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