empty
 
 
12.06.2020 04:58 AM
Forecast for EUR/USD on June 12, 2020

EUR/USD

The euro fell by 75 points on Thursday and further strengthened the reversal potential. Marlin divergence in action. The 1.1200 target will open after overcoming 1.1265, and even lower support for the embedded price channel line at around 1.1120.

This image is no longer relevant

The price consolidated below the indicator lines of balance and MACD on the four-hour chart, the Marlin oscillator is in the zone of negative values, the trend is completely decreasing on H4. We are waiting for the development of this trend with the stated goals.

This image is no longer relevant

Laurie Bailey,
Analytical expert of InstaForex
© 2007-2024
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback