Trend Analysis (Fig. 1)

On Wednesday, from the 1.3296 level (yesterday's daily candle close), the market may continue moving upward toward the target at 1.3338 — the 38.2% retracement level (red dashed line). If this level is tested, the price may continue its upward movement toward the 1.3364 target — the upper fractal (blue dashed line).

Fig. 1 (Daily Chart)

Comprehensive Analysis:

• Indicator analysis – upward
• Fibonacci levels – upward
• Volume – upward
• Candlestick analysis – downward
• Trend analysis – upward
• Bollinger Bands – upward
• Weekly chart – upward

Overall conclusion: upward trend.

Alternative scenario: On Wednesday, from the 1.3296 level (yesterday's daily candle close), the market may continue moving upward toward the 38.2% retracement level at 1.3338 (red dashed line). If this level is tested, the price may retrace downward toward the target of 1.3314 — the 8 EMA (thin blue line).