Trend Analysis (Fig. 1)

Today, EUR/USD may start falling from the level of 1.0938 (yesterday's daily candle close) towards the target of 1.0916 – the upper fractal (dashed blue line). Upon reaching this level, the price may continue to rise towards the target of 1.0966 – the resistance line (bold red line).

Fig. 1 (daily chart)

Comprehensive Analysis:

• Indicator Analysis – downwards;
• Fibonacci Levels – downwards;
• Volumes – downwards;
• Candlestick Analysis – downwards;
• Trend Analysis – upwards;
• Bollinger Bands – downwards;
• Weekly Chart – upwards.

General Conclusion:

Today, EUR/USD may start falling from the level of 1.0938 (yesterday's daily candle close) towards the target of 1.0916 – the upper fractal (dashed blue line). Upon reaching this level, the price may continue to rise towards the target of 1.0966 – the resistance line (bold red line).

Alternative Scenario: EUR/USD may start falling from the level of 1.0938 (yesterday's daily candle close) towards the target of 1.0916 – the retracement level of 14.6% (dashed red line). Upon reaching this level, the price may continue to rise towards the target of 1.0966 – the resistance line (bold red line).