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Forecast for EUR/USD on February 6, 2019

EUR/USD

On Tuesday, the euro lost 32 points and did the main thing on this day to form the conditions for further movement - it was fixed under the balance lines and Krusenstern on the daily scale chart. The situation is similar on the four-hour chart. The signal line of the Marlin oscillator on a daily scale settled in a zone of decline. The trend line of the price channel, which is marked on the daily in blue, under the circumstances can be overcome without much difficulty, the immediate goal 1.1302 (October 31 at least) became open.

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The material has been provided by InstaForex Company - www.instaforex.com