Trend analysis (Fig. 1).

On Friday, before the news, the price will move down to the side channel. After working out the news - (according to the forecast - upward movement), the downward trend will continue with the first target of 1.1233 - a pullback level of 38.2% (yellow dashed line). Much will depend on the news that comes out at 12.30 Universal time.

Fig. 1 (daily schedule).

Comprehensive analysis:

- indicator analysis - down;

- Fibonacci levels - down;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- weekly schedule - up.

General conclusion:

On Friday, before the news, the price will move down to the side channel. After working out the news - (according to the forecast - upward movement), the downward trend will continue with the first target of 1.1233 - a pullback level of 38.2% (yellow dashed line). Much will depend on the news that comes out at 12.30 Universal time.