Trend analysis (Fig. 1).
The euro-dollar pair may move upward from the level of 1.0634 (closing of Friday's daily candle) to 1.0650, the 23.6% pullback level (red dotted line). When testing this level, continued upward movement is possible with the target of 1.0723, the 38.2% pullback level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis - up;Fibonacci levels - up;Volumes - up;Candlestick analysis - up;Trend analysis - up;Bollinger bands - down;Weekly chart - up.General conclusion:
Today, the price may move upward from the level of 1.0634 (closing of Friday's daily candle) to 1.0650, the 23.6% pullback level (red dotted line). When testing this level, continued upward movement is possible with the target of 1.0723, the 38.2% pullback level (red dotted line).
Alternatively, the price may move upward from the level of 1.0634 (closing of Friday's daily candle) to 1.0650, the 23.6% pullback (red dotted line). When testing this level, the price may move downward to the 1.0592 support level (thick blue line).