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Trend analysis (Fig. 1).
The euro-dollar pair may move downward from the level of 1.0465 (closing of yesterday's daily candle) to the 1.0437 support level (thick blue line). When testing this level, an upward movement is possible to the upper fractal at 1.0594 (blue dotted line). From this level, the price may continue to move up.
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion:
Today, the price may move downward from the level of 1.0465 (closing of yesterday's daily candle) to the 1.0437 support level (thick blue line). When testing this level, an upward movement is possible to the upper fractal at 1.0594 (blue dotted line). From this level, the price may continue to move up.
Alternatively, the price may move upward from the level of 1.0465 (closing of yesterday's daily candle) to the upper fractal at 1.0594 (blue dotted line). From this level, the price may continue to move up.
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