FX.co ★ Indicator analysis. Daily review on EUR/USD for April 13, 2020

Trend analysis (Fig. 1).

Today, from the level of 1.0938 (closing of the Friday afternoon candle) the pair may continue to move up, with the target of 1.0958 - a pullback level of 50.0% (red dashed line). If this level is reached, the upward work will continue with the target of 1.1003 - a retracement level of 61.8% (red dashed line).

Fig. 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - down;

- Weekly schedule - up.

General conclusion:

Today, the price may try to continue to move up with the target of 1.1003 - a retracement level of 61.8% (red dashed line).

An unlikely scenario: from a pullback level of 50.0%, that is, 1.0958 (red dashed line), work down with a target of 1.0893 - a pullback level of 50.0% (blue dashed line).