25.11.202209:42 Forex Analysis & Reviews: Indicator analysis: Daily review of EUR/USD on November 25, 2022

Trend analysis (Fig. 1).

The euro-dollar pair may move upward from the level of 1.0411 (closing of yesterday's daily candle) to 1.0456, the 84.5% retracement level (yellow dotted line). When testing this level, a downward pullback is possible.

Fig. 1 (daily chart).

Comprehensive analysis:

• Indicator analysis - up;
• Fibonacci levels - up;
• Volumes - up;
• Candlestick analysis - up;
• Trend analysis - up;
• Bollinger bands - up;
• Weekly chart - up.

General conclusion:

Today, the price may move upward from the level of 1.0411 (closing of yesterday's daily candle) to 1.0456, the 84.5% retracement level (yellow dotted line). When testing this level, a downward pullback is possible.

Alternatively, the price may move upward from the level of 1.0411 (closing of yesterday's daily candle) to 1.0456, the 84.5% retracement level (yellow dotted line). Upon reaching this level, continued upward movement is possible with the target of 1.0598, the historical resistance level (blue dotted line).