FX.co ★ Forecast for EUR/USD on November 14, 2019

EUR/USD

The euro did not show its intent to go above the MACD line on the daily chart yesterday. The price consolidated below this line and continues to fall this morning. After consolidating below the nearest target level of 1.0985 (Fibonacci level of 138.2%), the euro will go to the level of 1.0925 - lows of September 3 and 12, then to 1.0895 - to accumulation levels in a deeper story.

On a four-hour chart, the price decreases evenly under the red line of balance, the signal line of the Marlin oscillator moves along the boundary with the growth territory and may follow a sharp decline.