Trend Analysis (Fig. 1).

On Tuesday, the market, from the level of 1.3115 (yesterday's daily candle close), may continue moving downward toward the target of 1.3110 – the 161.8% target level (red dashed line). When testing this level, the price may possibly begin moving upward toward 1.3148 – the historical resistance level (blue dashed line).

Fig. 1 (daily chart).

Comprehensive Analysis:

• indicator analysis – down;
• volumes – down;
• candlestick analysis – down;
• trend analysis – down;
• Bollinger Bands – down;
• weekly chart – down.

Overall conclusion: downward trend.

Alternative scenario: From the level of 1.3115 (yesterday's daily candle close), the price may continue moving downward toward 1.3077 – the 176.4% target level (red dashed line). When testing this level, the price may possibly begin moving upward toward 1.3110 – the 161.8% target level (red dashed line).