Trend analysis (Fig. 1).
The EUR/USD currency pair may move downward from the level of 1.0853 (closing of yesterday's daily candle) to 1.0823, the 50.0% pullback level (blue dotted line). From this level, an upward movement is possible with the target of 1.0865, the 50.0% pullback level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis - down;Fibonacci levels - down;Volumes - up;Candlestick analysis - down;Trend analysis - up;Bollinger bands - down;Weekly chart - down.General conclusion:
Today, the price may move downward from the level of 1.0853 (closing of yesterday's daily candle) to 1.0823, the 50.0% pullback level (blue dotted line). From this level, an upward movement is possible with the target of 1.0865, the 50.0% pullback level (red dotted line).
Alternatively, the price may move downward from the level of 1.0853 (closing of yesterday's daily candle) to 1.0810, the 38.2% pullback level (red dotted line). From this level, an upward movement is possible with the target of 1.0865, the 50.0% pullback level (red dotted line).