Long term: towards MY (1.1930)
On a yearly basis, our indicators are rising. Bollinger band spread is not minimal and LY is flat. A bullish T1 occurred at the previous close but T2 fade away with the trend for LY.
On a quarterly basis, the trend for our 7 / 23 quarters moving averages is not bearish. MY (1.1930) is our next objective and LQ (1.1031) is the next one.
On a monthly basis, the UM / LM spread is wide but increasing (new high for volatility). Our stochastic and MACD are not oversold. A bearish A type crossover will be the status for our 7 / 23 months moving averages. MY is our first target.
Idea: towards LQ (1.1031) is not ruled out.
Medium term: bearish parallel pattern
On a weekly basis, PW crossed MW + dynamic in progress for each Bollinger band. A bearish non-crossover is in progress with our MACD (and a new one for stochastic is likely). A bearish parallel pattern is in progress.
Idea: use parallel pattern rules.
Short term: bearish
On a daily basis, Bollinger bands spread is not minimal. MD (1.2878) is our main resistance. As long as our M 23 will decline, a rise is only a technical recovery.
Idea: bearish pre-parallel pattern could develop with a bearish non-crossover for our 7 / 23 days MA.
Conclusion: MY (1.1930) first weak objective.