Trend analysis (Fig. 1).

The euro-dollar pair may move upward from the level of 1.0196 (close of yesterday's daily candle) to 1.0281, the 50.0% retracement level (red dotted line). After testing this level, the price may continue to move upward with the target of 1.0359, the 61.8% retracement level (red dotted line). Upon reaching this level, a downward pullback is possible.

Fig. 1 (daily chart).

Comprehensive analysis:

• Indicator analysis – up;
• Fibonacci levels – up;
• Volumes – up;
• Candlestick analysis – up;
• Trend analysis – up;
• Bollinger bands – up;
• Weekly chart – up.

General conclusion:

Today, the price may move upward from 1.0196 (close of yesterday's daily candle) to 1.0281, the 50.0% retracement level (red dotted line). After testing this level, the price may continue to move upward with the target of 1.0359, the 61.8% retracement level (red dotted line). Upon reaching this level, a downward pullback is possible.

Alternative scenario: from the level of 1.0196 (close of yesterday's daily candle), the price may move upward to 1.0281, the 50.0% retracement level (red dotted line). After testing this level, a downward movement is possible with the target of 1.0201, the 23.6% retracement level (blue dotted line). When testing this level, the price may move up.