The euro-dollar pair may move downward from the level of 1.0838 (closing of Friday's daily candle) to 1.0713, the 38.2% pullback level (yellow dotted line). When testing this level, the price may move upward with the target of 1.0835, the 61.8% pullback level (red dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
Indicator analysis - down;Fibonacci levels - down;Volumes - up;Candlestick analysis - down;Trend analysis - up;Bollinger bands - up;Weekly chart - down.General conclusion:
Today, the price may move downward from the level of 1.0838 (closing of Friday's daily candle) to 1.0713, the 38.2% pullback level (yellow dotted line). When testing this level, the price may move upward with the target of 1.0835, the 61.8% pullback level (red dotted line).
Alternatively, the price may move downward from the level of 1.0838 (closing of Friday's daily candle) to 1.0790, the 13-day EMA (thin yellow line). When testing this level, an upward movement is possible with the target of 1.0835, the 61.8% pullback level (red dotted line).