Trend analysis (Fig. 1).
The EUR/USD currency pair may move upward from the level of 1.0906 (closing of yesterday's daily candle) with the target of 1.0955, the 38.2% pullback level (red dotted line). Upon reaching this level, a continued upward movement is possible to 1.0997, the 23.6% pullback 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 1.0906 (closing of yesterday's daily candle) with the target of 1.0955, the 38.2% pullback level (red dotted line). Upon reaching this level, a continued upward movement is possible to 1.0997, the 23.6% pullback level (blue dotted line).
Alternatively, the price may move upward from the level of 1.0906 (closing of yesterday's daily candle) with the target of 1.0955, the 38.2% pullback level (red dotted line). Upon reaching this level, a downward movement is possible to 1.0941, the 8-day EMA (blue thin line).