Indicator analysis: Daily review of EUR/USD on January 19, 2023

Trend analysis (Fig. 1).

The euro-dollar pair may move downward from the level of 1.0793 (closing of yesterday's daily candle) to 1.0738, the 38.2% retracement level (red dotted line). From this level, an upward pullback is possible to 1.0795, the 76.4% retracement level (yellow dotted line).

Fig. 1 (daily chart).

Comprehensive analysis:

Indicator analysis - down;Fibonacci levels - down;Volumes - down;Candlestick analysis - down;Trend analysis - up;Bollinger bands - up;Weekly chart - down.

General conclusion:

Today, the price may move downward from the level of 1.0793 (closing of yesterday's daily candle) to 1.0738, the 38.2% retracement level (red dotted line). From this level, an upward pullback is possible to 1.0795, the 76.4% retracement level (yellow dotted line).

Alternatively, the price may move downward from the level of 1.0793 (closing of yesterday's daily candle) to 1.0755, the 13-period EMA (thin yellow line). From this level, an upward pullback is possible to test 1.0861, the historical resistance level (blue dotted line).