FX.co ★ Indicator analysis of EUR/USD for March 30, 2022

Trend analysis (Fig. 1).

The market may move up from the level of 1.1085 (close of yesterday's daily candle) to the target of 1.1145, the 50.0% retracement level (blue dotted line). After testing this level, the price may roll back down with the target at 1.1063, the 38.2% retracement level (red dotted line). From this level, it is possible to continue moving up.

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:

The price may move up from the level of 1.1085 (close of yesterday's daily candle) to the target of 1.1145, the 50.0% retracement level (blue dotted line). After testing this level, the price may roll back down with the target at 1.1063, the 38.2% retracement level (red dotted line). From this level, it is possible to continue moving up.

Alternative scenario: from the level of 1.1085 (close of yesterday's daily candle), the price may move up with the target at 1.1145, the 50.0% retracement level (yellow dotted line). After testing this level, the price may start a pullback movement downwards with the target of 1.1040, the 50.0% retracement level (yellow dotted line). After testing this level, the price may continue to move upwards with the target of 1.1145, the 50.0% retracement level (blue dotted line).