EUR/USD
The fall of the euro on Monday from the technical side was due to a weak divergence on the Marlin oscillator. Strengthening the trend is possible after consolidating the price under the price channel line in the region of 1.1108. At this moment of transition, the signal line of the Marlin oscillator may be in the zone of negative values, in the territory of the bears. The 1.1030 goal will open - support for the MACD line, which is an adaptable trend line. Nevertheless, the trend is still growing, the target at 1.1215, as the Fibonacci level of 100.0%, remains relevant.
Marlin divergence also formed on the H4 chart, the signal line of the oscillator is already in the declining trend zone. The price is below the MACD line, but the balance manages to adapt to the current situation and remains in the growth zone, which is the main warning about restoring growth. A signal to move towards the target of 1.1215 will be price consolidation above the MACD line (1.1165).
