Trend analysis (Fig. 1).
The market may move upward from the level of 1.0747 (closing of Friday's daily candle) to 1.0810, the 38.2% pullback level (red dotted line). When testing this level, a downward movement is possible with the target of 1.0769, the 21-day EMA (thin black 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 1.0747 (closing of Friday's daily candle) to 1.0810, the 38.2% pullback level (red dotted line). When testing this level, a downward movement is possible with the target of 1.0769, the 21-day EMA (thin black line).
Alternatively, the price may move upward from the level of 1.0747 (closing of Friday's daily candle) to 1.0810, the 38.2% pullback level (red dotted line). When testing this level, the price may continue to move upwards with the target of 1.0865, the 50.0% pullback level (red dotted line).