EUR/USD
On Monday, the euro adjusted after the previous two-day decline by 29 points at the moment, where it found stable resistance of the balance line (red indicator line) and the price channel line of the higher timeframe.
There was a resistance on the four-hour chart - the MACD indicator line, which shows the trend's direction and is itself a line of support and resistance. The signal line of the oscillator marlin on H4 is still in the declining trend zone, the price will likely turn from the current levels. We are waiting for the price at 1.1155. The intermediate goal is 1.1234 - at least on February 15.
The material has been provided by InstaForex Company - www.instaforex.com