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Trend analysis (Fig. 1).
The EUR/USD currency pair may move upward from the level of 1.0939 (closing of yesterday's daily candle) to test 1.0957, the 61.8% pullback level (blue dotted line), and after that, a downward movement is possible with a target of 1.0899, the 14.6% pullback level (yellow dotted line).
Fig. 1 (daily chart).
Comprehensive analysis:
General conclusion: Today, the price may move upward from the level of 1.0939 (closing of yesterday's daily candle) to test 1.0957, the 61.8% pullback level (blue dotted line), and after that, a downward movement is possible with a target of 1.0899, the 14.6% pullback level (yellow dotted line).
Alternatively, the price may move upward from the level of 1.0939 (closing of yesterday's daily candle) to test 1.0957, the 61.8% pullback level (blue dotted line). From here, a continued upward movement is possible to 1.1063, the historical resistance level (blue dotted line).
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