Trend Analysis (Fig. 1).

On Wednesday, the market may begin moving upward from the 1.1580 level (yesterday's daily candle close), targeting 1.1608 — a historical support level (blue dashed line). When testing this level, the price may pull back downward toward 1.1593 — the 61.8% retracement level (blue dashed line).

Figure 1 (daily chart).

Comprehensive Analysis:

• indicator analysis – upward;
• Fibonacci levels – upward;
• volumes – downward;
• candlestick analysis – upward;
• trend analysis – upward;
• Bollinger Bands – upward;
• weekly chart – upward.

Overall conclusion: an upward trend.

Alternative scenario: From the 1.1580 level (yesterday's daily candle close), the price may begin moving upward, targeting 1.1640 — the 38.2% retracement level (yellow dashed line). When testing this level, the price may pull back downward toward 1.1608 — the historical support level (blue dashed line).