Trend analysis (Fig. 1).
The euro-dollar pair may move up from the level of 1.0561 (close of yesterday's daily candle) to 1.0639, the 23.6% retracement level (red dotted line). When testing this level, the price may continue to move upward to 1.0667, the 21-period EMA (black thin line). From here, a downward pullback is possible.
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis – up;Fibonacci levels – up;Volumes – up;Candlestick analysis – up;Trend analysis – up;Bollinger bands – up;Weekly chart – up.General conclusion:Today, the price may move up from the level of 1.0561 (close of yesterday's daily candle) to 1.0639, the 23.6% retracement level (red dotted line). When testing this level, the price may continue to move upward to 1.0667, the 21-period EMA (black thin line). From here, a downward pullback is possible.
Alternative scenario: from the level of 1.0561 (close of yesterday's daily candle), the price may move upward to the resistance level of 1.0575 (thick white line). When testing this level, the price may move down to the lower fractal 1.0482 (blue dotted line). From here, the price may move up.