Trend analysis (Fig. 1)
EUR/USD may move upwards from the level of 1.0763 (closing of yesterday's daily candle) to the resistance line at 1.0811 (white bold line). Upon reaching this price, it may go to the historical resistance level of 1.0836 (blue dashed line).
Fig. 1 (daily chart)
Comprehensive analysis:
Indicator analysis - uptrend
Fibonacci levels - uptrend
volume- uptrend
Candlestick analysis - uptrend
Trend analysis - uptrend
Bollinger bands - uptrend
Weekly chart - uptrend
Conclusion: EUR/USD will rise from 1.0763 (closing of yesterday's daily candle) to the resistance line at 1.0811 (white bold line), and then go to the historical resistance level of 1.0836 (blue dashed line).
Alternatively, it could climb from 1.0763 (closing of yesterday's daily candle) to the resistance line at 1.0811 (white bold line), followed by a decline to the historical resistance level of 1.0769 (blue dashed line).
