EUR/USD
Yesterday, the euro fell 40 points under the influence of strong data on new jobs in the private sector in June, which showed an increase of 692,000, the price reached the first target level of 1.1855. In this area, the price has a convenient place to wait for Friday's employment report - this is the support zone not only on June 18-21, but also on March 8-9, 17020 November 2020, etc.
The Marlin oscillator is in no hurry to go deeper into negative territory on the daily chart, perhaps this is a hint not a small volatility of today.
The price settled below the MACD indicator line (blue) on the four-hour chart, the Marlin oscillator tends to move sideways. Perhaps today it will pass in this reached area of 1.1855 with fluctuations in both directions. In the future, we are waiting for the continuation of the movement of the euro to the second target of 1.1705. The forecast for unemployment in the United States for June is expected to decline from 5.8% to 5.7%.
