Yesterday, the euro slightly fell as a correction from the growth on the 26th, generally keeping the sideways movement in the range of 1.1170-1.1375.
The Marlin Oscillator is growing and, most likely, the level of 1.1375 will be reached. Exit above it will mean the euro abandoning the sideways movement pattern in favor of the traditional corrective growth to the target level of 1.1448, which is being approached by the MACD indicator line, strengthening it. From this level, there may be a price reversal downward, into the previous downward trend, and in case of consolidating above it, this will mean a change in the medium-term trend.
On the four-hour chart, the price has settled above the balance and MACD indicator lines, the Marlin Oscillator is turning up in the positive area. We are waiting for the price movement to the signal-target level of 1.1375.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
If you have an interest in any area of Forex Trading, this is where you want to be.
Global Fx Trading Group is a world leader in providing Fx services to individual traders, including: Unmatched funding programs, on-line education, virtual trading rooms, automation tools, robot building, and personal coaching.
The company was first established by Jeff Wecker, former member of the Chicago Board of Trade, with 25 years in the industry. Jeff has a keen understanding of the needs of Forex traders and those needs are our focus.
Please join our VIP Group while is still FREE …
https://t.me/joinchat/JqsXFBKpyj3YS4bLWzT_rg
Our mission is simple: To enhance as many lives as we can through education and empowerment.
#theforexarmy #forexsigns #forexsignals #forexfamily #forexgroup #forexhelp #forexcourse #forextrade #forexdaily #forexmoney #forexentourage #forextrading #forex #forexhelptrading #forexscalping #babypips #forexfactory #forexlife #forextrader #financialfreedom
