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13.07.202004:55 Forex Analysis & Reviews: Forecast for EUR/USD on July 13, 2020

EUR/USD

The euro closed Friday with growth. The price found strong support at 1.1265. The growth continues this morning, the Marlin oscillator is in a hurry to move to the growth zone – in the upper half of its own window. The divergence option, in which the euro will show a new high (1.1465), is gaining more and more strength.

Exchange Rates 13.07.2020 analysis

The price overcomes the signal level of 1.1315 on the four-hour chart, the Marlin oscillator moved to the growing trend zone, and the nearest growth target is the level of 1.1353. Overcoming the level opens the way to 1.1420, then to 1.1465. The recently formed divergence is considered fulfilled, the price has taken a course for a new short-term trend.

Exchange Rates 13.07.2020 analysis

*Phân tích thị trường được đăng tải ở đây có nghĩa là để gia tăng nhận thức của bạn, nhưng không đưa ra các chỉ dẫn để thực hiện một giao dịch.

Laurie Bailey,
Chuyên gia phân tích của InstaForex
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