25.06.202111:31 Forex Analysis & Reviews: Indicator analysis. Daily review for the EUR/USD pair on June 25, 2021

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Trend analysis (Fig. 1).

Today, the market from the level of 1.1931 (closing of yesterday's daily candlestick) will move upward and try to reach the resistance line - 1.1954 (white thick line). After testing this line, it is possible to continue moving upward with the target of 1.2007 - 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 - up;
Bollinger lines - up;
Weekly chart - up.

General conclusion:

Today, the price from the level of 1.1931 (closing of yesterday's daily candlestick) will move upward and try to reach the resistance line - 1.1954 (white thick line). After testing this line, it is possible to continue moving upward with the target of 1.2007 - the 38.2% retracement level (blue dashed line).

Alternative scenario: the price from the level of 1.1931 (closing of yesterday's daily candlestick) will try to continue moving upwards with the target at 1.1954 - the resistance line (white thick line). After testing this line, it may move downward with the target at 1.1847 - lower fractal (blue dotted line).

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