Trend analysis.

This week, the price, from the level of 1.1841 (closing of the last weekly candle), may continue to increase, with the target at 1.1915 - the upper fractal (red dotted line). Upon reaching this line, it is possible to continue working upwards with the target of 1.2101 - the pullback level of 76.4% (blue dotted line).

Figure: 1 (weekly chart).

Comprehensive analysis:

- indicator analysis - up;

- Fibonacci levels - up;

- volumes - up;

- candlestick analysis - down;

- trend analysis - up;

- Bollinger lines - up;

- monthly chart - up.

Based on a comprehensive analysis, an upward movement can be concluded.

The general result of the calculation of the candlestick of the EUR/USD currency pair according to the weekly chart: the price for weeks is more likely to have an upward trend, with the absence of a lower shadow in the weekly white candlestick (Monday - up) and the absence of a second upper shadow (Friday - up).

The first upper target at 1.1915 is an upper fractal (red dashed line). Upon reaching this line, it is possible to continue working upwards with the target of 1.2101 - the pullback level of 76.4% (blue dotted line).

An alternative scenario: when moving up and reaching the level of 1.1864 - an upper fractal, the price may start working downward, with the target at 1.1729 - a pullback level of 14.6% (red dashed line).