Vea también
On the daily chart, the pair's quote breaks above the MACD line after spending two weeks below it.
The Marlin oscillator's entry into positive territory supports the assumption of a medium-term bullish reversal. The strategic target for this upward movement is the April 9 high at 2.0005. However, the price must first overcome the initial target of 1.9288, corresponding to the April 21 high.
On the four-hour chart, the price is advancing above the indicator lines of Balance and MACD, both sloping upward. The Marlin oscillator forms a wedge, indicating favorable conditions for continued growth.
This scenario would only be invalidated if the price consolidates below the MACD line, specifically below 1.9055. The target would shift to the May 20 low at 1.8925 in that case.
You have already liked this post today
*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.
Gráfico Forex
versión web
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.