Trend analysis (Fig. 1).
Today, from the level of 1.3297 (the closing of yesterday's daily candle), the market will try to continue moving up with the target of 1.3363 which is a pullback level of 85.4% (red dotted line). When this line is reached, the price can continue to move up with the target of 1.3494 which is the resistance line (red bold line).
Figure 1 (daily chart).
Complex analysis:
Indicator Analysis – up Fibonacci Levels – up Volumes – up Candle Analysis – up Trend Analysis – up Bollinger Bands – up Weekly Chart – upGeneral conclusion:
Today, from the level of 1.3297 (the closing of yesterday's daily candle), the price will try to continue moving up with the target of 1.3363 which is a pullback level of 85.4% (red dotted line). When this line is reached, the price can continue to move up with the target of 1.3494 which is the resistance line (red bold line).
Alternative scenario: After moving up and reaching the target of 1.3363, which is a pullback level of 85.4% (red dotted line), the price may start moving down with the target of 1.3245 which is the lower fractal (the daily candle from 10/12/2020).