EUR/USD
Yesterday, the euro lingered on supporting the MACD line of the daily chart. The price remains above both indicator lines - balance and MACD, in this case, it is likely that a short-term consolidation will form in order to accumulate strength for a break down. The immediate target is still the Fibonacci level of 138.2% at the price of 1.0985, below it the second target of 1.0925 - the lows of September 3 and 12.
On a four-hour chart, the price remains in a downward trend - indicator lines are high above the price, the signal line of the Marlin oscillator is still in the zone of negative numbers. The most significant sign of growth here is the double convergence of the oscillator. A possible correction is probably limited by the level of 1.1063 - the high of October 11, because it was after overcoming this level that the euro accelerated its fall on November 7.
