Trend analysis (Fig. 1).

Today, the market from the level of 1.2222 (closing of yesterday's daily candlestick) will try to continue moving upwards with the target of 1.2271 - the upper border of the Bollinger line indicator (black dotted line). If this line is tested, the continuation of the upward work is possible, with the target at 1.2275 - the 85.4% retracement level (yellow dashed line). After testing this level, the continuation of the upward work is possible, with the target at 1.2345 - the historical resistance level (blue dashed line).

Figure 1 (Daily Chart).

Comprehensive analysis:

• Indicator analysis - up;
• Fibonacci levels - up;
• Volumes - up;
• Candlestick analysis - down;
• Trend analysis - up;
• Bollinger lines - up;
• Weekly chart - up.

General conclusion:

Today, the price from the level of 1.2222 (closing of yesterday's daily candlestick) will try to continue moving upwards with the target of 1.2271 - the upper border of the Bollinger line indicator (black dotted line). If this line is tested, the continuation of the upward work is possible, with the target at 1.2275 - the 85.4% retracement level (yellow dashed line). After testing this level, the continuation of the upward work is possible, with the target at 1.2345 - the historical resistance level (blue dashed line).

Alternative scenario: from the level of 1.2222 (closing of yesterday's daily candlestick), it will try to continue moving upwards with the target of 1.2274 - the 85.4% retracement level (yellow dashed line). In case of testing this level, the downward work will begin, with the target of 1.2189 - the 14.6% retracement level (red dotted line).