Trend analysis (Fig. 1).
The euro-dollar pair may move upward from the level of 1.0405 (closing of yesterday's daily candle) to the upper fractal at 1.0496 (blue dotted line). From this level, a downward movement is possible to 1.0384, the 14.6% retracement 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 may move upward from the level of 1.0405 (closing of yesterday's daily candle) to the upper fractal at 1.0496 (blue dotted line). From this level, a downward movement is possible to 1.0384, the 14.6% retracement level (blue dotted line).
Alternatively, the price may move upward from the level of 1.0405 (closing of yesterday's daily candle) to 1.0456, the 85.4% retracement level (yellow dotted line). From this level, a downward movement is possible to 1.0384, the 14.6% retracement level (blue dotted line).