Trend analysis (Fig. 1).

The EUR/USD currency pair may move downward from the level of 1.0501 (closing of yesterday's daily candle) to 1.0477, the lower border of the Bollinger Band indicator (black dotted line). From this level, an upward movement is possible to the 1.0546 resistance level (red thick line).

Fig. 1 (daily chart).

Comprehensive analysis:

• Indicator analysis – down;
• Fibonacci levels – down;
• Volumes – down;
• Candlestick analysis – down;
• Trend analysis – down;
• Bollinger bands – down;
• Weekly chart – down.

General conclusion: Today, the price may move downward from the level of 1.0501 (closing of yesterday's daily candle) to 1.0477, the lower border of the Bollinger Band indicator (black dotted line). From this level, an upward movement is possible to the 1.0546 resistance level (red thick line).

Alternatively, the price may move downward from the level of 1.0501 (closing of yesterday's daily candle) to reach 1.0477, the lower border of the Bollinger Band indicator (black dotted line). From this level, a continued downward movement is possible with a target of 1.0389, the historical support level (blue dotted line). In the case of testing this level, the price may move up.