EUR/USD
The euro fell by 28 points on Friday - the closest target, and it is the signal level - the MACD line on the daily chart, has been reached. Now the price has an open target at the Fibonacci level of 138.2% at the price of 1.0985. Going below the price opens the second target 1.0925 - September 3 and 12 lows. This is our main scenario.
A weak convergence formed on the four-hour chart on the Marlin oscillator, but the line structure fits into the wedge, which speaks in favor of continuing to reduce this line. A possible correction is probably limited by the level of 1.1063 - the high of October 11, because it was after overcoming this level that the euro accelerated the fall on November 7th.
