Trend analysis (Fig. 1).
The EUR/USD currency pair may move upward from the level of 1.0728 (closing of yesterday's daily candle) with the target of 1.0772, the 14.6% pullback level (blue dotted line). From this level, a continued upward movement is possible to 1.0785, the 76.4% pullback level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis – up;Fibonacci levels – up;Volumes – down;Candlestick analysis – down;Trend analysis – up;Bollinger bands – down;Weekly chart – up.General conclusion:
Today, the price move upward from the level of 1.0728 (closing of yesterday's daily candle) with the target of 1.0772, the 14.6% pullback level (blue dotted line). From this level, a continued upward movement is possible to 1.0785, the 76.4% pullback level (red dotted line).
Alternatively, the price may move upward from the level of 1.0728 (closing of yesterday's daily candle) with the target of 1.0772, the 14.6% pullback level (blue dotted line). From this level, a downward movement is possible to 1.0728, the 85.4% pullback level (red dotted line).