Trend analysis (Fig. 1).

The market may move downward from the level of 1.1720 (closing of Friday's daily candle) with the target at 1.1706 - the historical support level (blue dotted line). When testing this level, the price may move upward with the target at 1.1736 - the 23.6% retracement level (yellow dashed line). Upon reaching this level, the price may continue to move up.

Fig. 1 (daily chart)

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - down;

- Weekly chart - up.

General conclusion:

Today, the price may move downward from the level of 1.1720 (closing of Friday's daily candle) with the target at 1.1706 - the historical support level (blue dotted line). When testing this level, the price may move upward with the target at 1.1736 - the 23.6% retracement level (yellow dashed line). Upon reaching this level, the price may continue to move up.

Unlikely scenario: from the level of 1.1720 (closing of Friday's daily candle), the price may move downward with the target at 1.1706 - the historical support level (blue dotted line). When testing this level, the price may continue to move down with the target at 1.1683 - the lower fractal (yellow dashed line). Upon reaching this level, an upward pullback is possible.