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Trend analysis (Fig. 1)
On Tuesday, from the level of 1.1012 (closing of Friday's daily candle), EUR/USD will rise and test the historical resistance level of 1.1063 (blue dashed line). After that, the pair may start moving downwards.
Fig. 1 (daily chart)
Comprehensive analysis:
Indicator analysis - uptrend
volume- uptrend
Candlestick analysis - uptrend
Trend analysis - uptrend
Bollinger bands - uptrend
Weekly chart - uptrend
Conclusion: Moving upwards from the level of 1.1012 (closing of Friday's daily candle), EUR/USD will test the historical resistance level of 1.1063 (blue dashed line), followed by the start of a price decline.
Alternatively, it could climb from the level of 1.1012 (closing of Friday's daily candle) to the historical resistance level of 1.1063 (blue dashed line), and then move further upward.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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