EUR/USD fell by 99 pips last Friday, and this morning reached the first target level of 1.0493. Most likely, it will continue to move down, especially since the Marlin oscillator is already in a negative area. The next target is 1.0340, behind which is 1.0170.
The quote is also declining rapidly in the four-hour chart. It is now below the balance and MACD lines, and the Marlin oscillator has slowed near the oversold area. There will be no strong movement today, but the pair will dip under 1.0493.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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