Trend analysis (Fig. 1).
The market may move up on Friday from the level of 1.1090 (close of yesterday's daily candle) to 1.1145, the 50.0% retracement level (blue dotted line). After testing this level, the price may move downwards to the target level of 1.1082, the historical support level (blue dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis - up;Fibonacci levels - up;Volumes - up;Candlestick analysis - up;Trend analysis - up;Bollinger Bands - up;Weekly chart up.General conclusion:
Today, the price from the level of 1.1090 (close of yesterday's daily candle) to 1.1145, the 50.0% retracement level (blue dotted line). After testing this level, the price may move downwards to the target level of 1.1082, the historical support level (blue dotted line).
Alternative scenario: from the level of 1.1090 (close of yesterday's daily candle), the price may move downwards to 1.1010, the 38.2% retracement level (yellow dotted line). After testing this level, upward movement is possible.