Trend analysis (Fig. 1).
The EUR/USD currency pair may move downward from the level of 1.1049 (closing of Friday's daily candle) to test 1.0882, the 61.8% pullback level (yellow dotted line). After that, an upward movement is possible to 1.0904, the 61.8% pullback level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis – down;Volumes – down;Candlestick analysis – down;Trend analysis – down;Bollinger bands – down;Weekly chart – down.General conclusion: Today, the price may move downward from the level of 1.1049 (closing of Friday's daily candle) to test 1.0882, the 61.8% pullback level (yellow dotted line). After that, an upward movement is possible to 1.0904, the 61.8% pullback level (red dotted line).
Alternatively, the price may move downward from the level of 1.1049 (closing of Friday's daily candle) to test 1.0904, the 61.8% pullback level (red dotted line). After that, the price may move upward to the 1.0920 resistance level (white thick line).