Trend analysis (Fig. 1).

Today, the market from the level of 1.3895 (the closing of last Friday's daily candlestick) may roll back down to the 23.6% retracement level - 1.3849 (blue dotted line). Once this level is tested, it is possible to continue moving upward with the target at 1.3922 - the 38.2% retracement level (blue dashed line).

Figure 1 (Daily Chart).

Comprehensive analysis:

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

General conclusion:

Today, the price from the level of 1.3895 (the closing of last Friday's daily candlestick) may roll back down to the 23.6% retracement level - 1.3849 (blue dotted line). Once this level is tested, it is possible to continue moving upward with the target at 1.3922 - the 38.2% retracement level (blue dashed line).

Alternative scenario: from the level of 1.3895 (closing of last Friday's daily candlestick), it may retrace downward to the 23.6% retracement level - 1.3849 (blue dashed line). If this level is tested, the downward movement may continue with the target of 1.3804 - the 76.4% retracement level (red dashed line).