Trend analysis (Fig. 1).

The market may continue to move upward from the level of 1.1939 (closing of yesterday's daily candle) with the target at 1.2104 - a 76.4% pullback level (blue dotted line). From here, the price may continue to move upward with the next target at 1.2275 - an 85.4% pullback level (blue dotted line).

Figure: 1 (daily chart).

Comprehensive analysis:

- Indicator analysis - up;

- Fibonacci levels - up;

- Volumes - up;

- Candlestick analysis - up;

- Trend analysis - up;

- Bollinger lines - up;

- Weekly chart - up.

General conclusion:

Today, the price may continue to move upward from the level of 1.1939 (closing of yesterday's daily candle) with the target at 1.2104 - a 76.4% pullback level (blue dashed line).

Another possible scenario is upon reaching 1.2102 - a 76.4% pullback level (blue dashed line), the price may move down with the target of 1.1966 - a 14.6% pullback level (red dashed line).