Trend analysis (Fig. 1).

The EUR/USD pair may move upward from the level of 1.1724 (closing of yesterday's daily candle) with the target of 1.1749 - the 23.6% retracement level (yellow dashed line). After a test of this level, the price may continue to move upward with the target of 1.1779 - the 38.2% retracement level (yellow dashed line).

Fig. 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 move upward from the level of 1.1724 (closing of yesterday's daily candle) with the target of 1.1749 - the 23.6% retracement level (yellow dashed line). After a test of this level, the price may continue to move upward with the target of 1.1779 - the 38.2% retracement level (yellow dashed line).

Unlikely scenario: the price may move downward from the level of 1.1724 (closing of yesterday's daily candle) with the target at 1.1699 - the 85.4% retracement level (red dotted line). After a test of this level, the price may continue to move upward with the target at 1.1730 - the 14.6% retracement level (yellow dashed line).