FX.co ★ Indicator analysis: Daily review of EUR/USD on March 10, 2023

Trend analysis (Fig. 1).

The euro-dollar pair may move upward from the level of 1.0580 (closing of yesterday's daily candle) to 1.0644, the 23.6% pullback level (red dotted line). When testing this level, the price may move down.

Fig. 1 (daily chart).

Comprehensive analysis:

• Indicator analysis - up;
• Fibonacci levels - up;
• Volumes - up;
• Candlestick analysis - up;
• Trend analysis - up;
• Bollinger bands - down;
• Weekly chart - up.

General conclusion:

Today, the price may move upward from the level of 1.0580 (closing of yesterday's daily candle) to 1.0644, the 23.6% pullback level (red dotted line). When testing this level, the price may move down.

Alternatively, the price may move upward from the level of 1.0580 (closing of yesterday's daily candle) to 1.0598, the 14.6% pullback level (red dotted line). When testing this level, the price may move downward with the target at 1.0524, the lower fractal (red dotted line).