Trend analysis (Fig. 1).
The EUR/USD currency pair may move downward from the level of 1.0843 (closing of yesterday's daily candle) to 1.0822, the 8-period EMA (blue thin line). In the case of testing this level, an upward movement is possible with a target of 1.0864, the 38.2% pullback level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis – down;Fibonacci levels – down;Volumes – down;Candlestick analysis – down;Trend analysis – up;Bollinger bands – up;Weekly chart – up.General conclusion: Today, the price may move downward from the level of 1.0843 (closing of yesterday's daily candle) to 1.0822, the 8-period EMA (blue thin line). In the case of testing this level, an upward movement is possible with a target of 1.0864, the 38.2% pullback level (red dotted line).
Alternatively, from the level of 1.0843 (closing of yesterday's daily candle), the price may move downwards to 1.0815, the 21-period EMA (black thin line). In the case of testing this level, an upward movement is possible with a target of 1.0864, the 38.2% pullback level (red dotted line).