FX.co ★ Forecast for EUR/USD on October 21, 2020

EUR/USD

The speculative growth of the euro continued on Tuesday. The price broke the October 9 peak, now it is aiming for the highs on October 10 and on August 6, near the MACD line on the daily chart - 1.1915/20. The Marlin oscillator is growing in the zone of positive values, the upward trend continues.

The Marlin signal line began to turn to the downside on the four-hour chart, which indicates a slowdown in price growth. The price will probably settle in a particular area for a day before it rises to 1.1915.