Trend analysis (Fig. 1).

On Friday, the price is likely to go down from 1.1369 (closing level of yesterday's daily candlestick) to the target seen at the 23.6% retracement level (1.1347, red dotted line). After testing this mark, the upward trend could resume. If so, the target will be seen at the 38.2% retracement level (1.1427, blue dotted line).

Fig. 1 (daily chart)

Comprehensive analysis:

- indicator analysis - uptrend

- Fibonacci retracements analysis - uptrend

- volume analysis - uptrend

- candlestick analysis - uptrend

- trend analysis - uptrend

- Bollinger bands analysis - uptrend

- weekly chart analysis - uptrend

Conclusion

Today, the price is likely to go down from 1.1369 (closing level of yesterday's daily candlestick) to the target seen at the 23.6% retracement level (1.1347, red dotted line). After testing this mark, the upward trend could resume. If so, the target will be seen at the 38.2% retracement level (1.1427, blue dotted line).

Alternatively, the price is likely to fall from 1.1369 (closing level of yesterday's daily candlestick) to the 38.2% retracement level (1.1331, red dotted line). After testing this mark, the upward trend could resume. If so, the target will be seen at the 23.6% retracement level (1.1364, blue dotted line).