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FX.co ★ Forecast for EUR/USD on June 14, 2024

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Forex Analysis

2024-06-14T03:31:53
iconRelevance until2024-06-15

Forecast for EUR/USD on June 14, 2024

EUR/USD

Yesterday, the euro returned to the base of Wednesday's large white candle and is now on track to overcome the support at 1.0724. Consolidating below this level will pave the way for the price to reach the target at 1.0656.

Forecast for EUR/USD on June 14, 2024

The price has returned below the balance and MACD indicator lines, and the Marlin oscillator remains in the downtrend area.

Forecast for EUR/USD on June 14, 2024

On the 4-hour chart, the price has managed to consolidate below the indicator lines, and Marlin has moved into the bearish territory, fully restoring the downtrend.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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