Trend analysis (Fig. 1).
The EUR/USD currency pair may move upward from the level of 1.0939 (closing of yesterday's daily candle) to test 1.0957, the 61.8% pullback level (blue dotted line), and after that, a downward movement is possible with a target of 1.0899, the 14.6% pullback level (yellow dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis – down;Volumes – down;Candlestick analysis – down;Trend analysis – up;Bollinger bands – up;Weekly chart – up.General conclusion: Today, the price may move upward from the level of 1.0939 (closing of yesterday's daily candle) to test 1.0957, the 61.8% pullback level (blue dotted line), and after that, a downward movement is possible with a target of 1.0899, the 14.6% pullback level (yellow dotted line).
Alternatively, the price may move upward from the level of 1.0939 (closing of yesterday's daily candle) to test 1.0957, the 61.8% pullback level (blue dotted line). From here, a continued upward movement is possible to 1.1063, the historical resistance level (blue dotted line).