FX.co ★ Forecast for EUR/USD on October 10, 2019

EUR/USD

Yesterday, the euro did another test of the Fibonacci level on the daily chart of 138.2%, and today it rises above the Asian session. The signal line of the Marlin oscillator returned to the growth zone, the double convergence on the oscillator has worked in full force. The growth target is the MACD line in the price area of 1.1042.

On the four-hour chart, the price of the previous day has been supported by the balance line, Marlin is also in the growth trend zone. The signal to open a position will be the price overcoming the top of October 7 (1.1001).