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If we look at the 4-hour chart of the main currency pair EUR/USD, it appears that there is a divergence between the Fiber price movement and the MACD Histogram indicator (osMA-12,26,9) which is also followed by its price movement moving above the WMA (30 Shift 2) which has a slope that dives upwards so that based on these facts in the near future EUR/USD has the potential to strengthen up to the level of 1.0465 and if the momentum of strengthening and volatility support it, then 1.0632 and 1.0753 will be the next destinations, but if on the way to these targets there is suddenly a significant weakening correction, especially if it breaks through and closes below the level of 1.0266, then all the strengthening scenarios that have been described previously will be invalid.
(Disclaimer)
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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