Trend analysis (Fig. 1).
The EUR/USD currency pair may move downward from the level of 1.0878 (closing of yesterday's daily candle) to 1.0833, the 14.6% pullback level (blue dotted line). In the case of testing this level, an upward movement is possible with a target at 1.0959, the 61.8% pullback level (blue dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis – down;Fibonacci levels – down;Volumes – down;Candlestick analysis – down;Trend analysis – up;Bollinger bands – down;Weekly chart – up.General conclusion: Today, the price may move downward from the level of 1.0878 (closing of yesterday's daily candle) to 1.0833, the 14.6% pullback level (blue dotted line). In the case of testing this level, an upward movement is possible with a target at 1.0959, the 61.8% pullback level (blue dotted line).
Alternatively, the price may move downward from the level of 1.0878 (closing of yesterday's daily candle) to 1.0799, the 23.6% pullback level (blue dotted line). In the case of testing this level, an upward movement is possible to the upper fractal at 1.0887 (yellow dotted line).