Trend analysis (Fig. 1).

The market may move down on Thursday from the level of 1.3580 (close of yesterday's daily candle) to test the level of 1.3554, the 8-day EMA (thin blue line). Upon reaching this level, the price may start to move up to the target level of 1.3629, the resistance line (thick yellow line).

Fig. 1 (daily chart)

Comprehensive analysis:

- Indicator analysis - down;

- Fibonacci levels - down;

- Volumes - down;

- Candlestick analysis - down;

- Trend analysis - up;

- Bollinger bands - up;

- Weekly chart - up.

General conclusion:

The price may move down from the level of 1.3580 (close of yesterday's daily candle) to test the level of 1.3554, the 8-day EMA (thin blue line). Upon reaching this level, the price may start to move up to the target level of 1.3629, the resistance line (thick yellow line).

Alternative scenario: from the level of 1.3580 (close of yesterday's daily candle), the price may roll back down to test 1.3533, the 38.2% retracement level (red dotted line). Upon reaching this level, the price may start to move up to the target level of 1.3629, the resistance line (thick yellow line).