EUR/USD
The euro has been growing for the last five days, the last two days, supported by the Marlin oscillator, growing in the zone of positive values. In the observed growth, we are confused by two circumstances: the price has not yet overcome the balance indicator line and the euro continues to rise despite the growth of yields on US government bonds. Taking into account the ability of the markets for fairly long uncorrelations, we continue to adhere to our main scenario of the euro growth in the target range of 1.1830/47. The Marlin Oscillator has consolidated in the growing trend zone.
On the four-hour chart, the price broke above the intermediate resistance at 1.1760 after a short-term correction below it. The Marlin Oscillator is in the growth zone. We are waiting for the price in the indicated range 1.1830/47.
