Trend analysis (Fig. 1)

EUR / USD will most likely move down today, from 1.1611 (closing of yesterday's daily candle) to the 76.4% retracement level (red dotted line) - 1.1558. Afterwards, it should go up to the 14.6% retracement level (yellow dashed line) - 1.1580.

Fig. 1 (daily chart)

Comprehensive analysis:

- Indicator analysis - downtrend;

- Fibonacci levels - downtrend;

- Volumes - downtrend;

- Candlestick analysis - downtrend;

- Trend analysis - uptrend;

- Bollinger bands - downtrend;

- Weekly chart - uptrend.

Conclusion: EUR/USD will drop from 1.1611 (closing of yesterday's daily candle) to the 76.4% retracement level (red dotted line) - 1.1558, and then rise to the 14.6% retracement level (yellow dashed line) - 1.1580

Alternatively, it may fall from 1.1611 (closing of yesterday's daily candle) to the 61.8% retracement level (red dashed line) - 1.1579, and then go up to the 23.6% retracement level (yellow dashed line) - 1.1615.