Trend analysis (Fig. 1).
The euro-dollar pair may move upward from the level of 1.0302 (closing of yesterday's daily candle) to 1.0359, the 76.4% retracement level (yellow dotted line). When testing this level, continued upward movement is possible with the target of 1.0456, the 85.4% retracement level (yellow dotted line). In the case of testing this level, the price may roll back down with the target of 1.0369, the 14.6% retracement level (blue dotted line), and from here, the price may move up.
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis - up;Fibonacci levels - up;Volumes - up;Candlestick analysis - down;Trend analysis - up;Bollinger bands - up;Weekly chart - up.General conclusion:
Today, the price may move upward from the level of 1.0302 (closing of yesterday's daily candle) to 1.0359, the 76.4% retracement level (yellow dotted line). When testing this level, continued upward movement is possible with the target of 1.0456, the 85.4% retracement level (yellow dotted line). In the case of testing this level, the price may roll back down with the target of 1.0369, the 14.6% retracement level (blue dotted line), and from here, the price may move up.
Alternatively, the price may move upward from the level of 1.0302 (closing of yesterday's daily candle) to 1.0359, the 76.4% retracement level (yellow dotted line). When testing this level, a downward movement is possible with the target of 1.0302, the 23.6% retracement level (yellow dotted line).