Euro once again tested the balance line of the daily timeframe and bounced upwards to test resistance at 1.1012. Since the Marlin oscillator continues to decline, the move towards 1.0924 will likely happen.
The failure to surpass this support will lead to a deep correction towards the range of 1.1068/92. On the four-hour chart, the Marlin oscillator entered the positive zone.
Although the pair did not overcome 1.1012 for the first time, it could still rise to 1.1068/92 if it manages to secure itself above the level. But if it drops below 1.0953, it will likely head towards 1.0924.
*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, o 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
