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Wave Analysis from InstaForex
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[QUOTE="InstaForex Gertrude, post: 11984, member: 2617"] [B]Forecast for EUR/USD on March 23, 2020[/B] EUR/USD The price was marked on the support line of the embedded price channel in the region of 1.0636 on Thursday, Friday, and today. Finally, the signal line of the Marlin oscillator turned upwards on the daily chart, which creates the prerequisite for corrective growth to the level of 1.0879 - to a low of October 1, 2019. Overcoming the Friday low of 1.0636 opens the target 1.0493 - the low of February 2017. [IMG type="full"]https://forex-images.ifxdb.com/userfiles/20200323/analytics5e782f6d6ec79.jpg[/IMG] On the four-hour chart, the Marlin oscillator did not form a strong convergence, the signal line has not yet left the zone of negative indicators. The indicator potential may be enough to work out the price of correctional target of 1.0879. [IMG type="full"]https://forex-images.ifxdb.com/userfiles/20200323/analytics5e782f8037c1a.jpg[/IMG] *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade. [I][URL="https://www.instaforex.com/forex_analysis"]Analysis are provided by[B][COLOR=Red]Insta[/COLOR]Forex[/B].[/URL][/I] [/QUOTE]
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